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A Run On The Banks Begins In Italy As Italian Banking Stocks Collapse




Italian banking stocks continued their collapse for a fifth consecutive day on Wednesday, and nervous Italians are beginning to quietly pull large amounts of money out of the banks.

In particular, Monte dei Paschi is a complete and utter basket case at this point-A staggering one-third of their loans are "non-performing", and the stock price has fallen a staggering 57 percent since 2016 began.

Read Full Story: http://etfdailynews.com/2016/01/21/a-run-on-the-ba...

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