Fresh fears for Italian banks as sub debt tumbles

Tyler Davies

January 19, 2016 01:00 pm

Matteo Renzi — Italian Premier Matteo Renzi answers reporters' questions during a press conference in Rome, Monday, May 26, 2014. In Italy the main government party, the Democrats led by Premier Matteo Renzi, had beaten off a challenge by the anti-euro 5-Star Movement of comic Beppe Grillo. The center-left Democrats won 40,8 percent, while Grillo's anti-establishment movement garnered 21,1 percent. (AP Photo/Alessandra Tarantino) | Alessandra Tarantino/AP/Press Association Images

The Italian subordinated debt market has come under further pressure this week, with spreads shooting wider amid renewed concerns about banks’ high levels of non-performing loans.

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Topics

Italy Bank Capital Senior Debt Monte dei Paschi News content Intesa Sanpaolo FIG

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Tyler Davies