Much More Beneath the Surface of the Italian Bank Scandal; How Big Are the Derivative Losses?
January 25, 2013
While pondering what Dragi knew or didn’t, let’s turn our focus on actual losses. Reuters reports Monte Paschi Shares Plunge on Derivative Loss Fears Shares in Banca Monte dei Paschi di Siena, Italy’s third-biggest lender, fell more than 5 percent for the second day in a row on Wednesday on worries of mounting losses on some financial derivative positions which it took in 2008 and 2009
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Much More Beneath the Surface of the Italian Bank Scandal; How Big Are the Derivative Losses?
Much More Beneath the Surface of the Italian Bank Scandal; How Big Are the Derivative Losses?
January 25, 2013While pondering what Dragi knew or didn’t, let’s turn our focus on actual losses. Reuters reports Monte Paschi Shares Plunge on Derivative Loss Fears Shares in Banca Monte dei Paschi di Siena, Italy’s third-biggest lender, fell more than 5 percent for the second day in a row on Wednesday on worries of mounting losses on some financial derivative positions which it took in 2008 and 2009
View article:
Much More Beneath the Surface of the Italian Bank Scandal; How Big Are the Derivative Losses?