Italian Banks Melting Again

Unicredit

[credit provider=”Wikimedia Commons” url=”http://upload.wikimedia.org/wikipedia/commons/a/a1/Palazzo_unicredit%2C_lucca.JPG”]

Investors in Italian banks didn’t get the memo that the FOMC is saving things.The selling is relentless.

Unicredit down 4.3%.

Intesa Sanpaolo off over 5% and halted.

Oy.