Italian Banks Are Getting Smashed

Italian financials are heavily declining as the FTSE MIB sells off more than 2 per cent.

A number of banks have been halted after falling more than five per cent.

UniCredit: Down 5.15 per cent [HALTED]

Banca Monte dei Paschi di Siena: Down 5.78 per cent [HALTED]

Banca Popolare di Milano: Down 5.39 per cent [HALTED]

Below, a look at the day’s trade in UniCredit.

UniCredit

Bloomberg


NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

italy moneygame-us