EU stress tests strengthen case for Italy bank M&A

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EU stress tests strengthen case for Italy bank M&A
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The EU’s annual bank stress tests strengthen the case for Italy bank M&A, CGAThompson says.

A man walks towards the main entrance of the Monte dei Paschi bank headquarters in Siena, Italy, March 13, 2012. REUTERS/Max Rossi

LONDON, July 30 - The Italian government’s bargaining hand with respect to its most troubled lender just got weaker. On Friday the European Banking Authoritystress-test results that modelled the impact on lenders’ capital from a severe recession. In a downturn involving a prolonged pandemic, a 3.

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