How Italian banks are disadvantaged by new MREL rules – FT Alphaville (registration)

How Italian banks are disadvantaged by new MREL rules
FT Alphaville (registration)
It’s hard to be a confident investor in Italian bank debt. The recent rescues of Monte Paschi di Siena, Popolare Vicenza, and Veneto Banca are simply the latest reasons over the past few years. Markets have responded by cutting off bond funding to

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