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    Italy scrambles to shop global’s oldest bank

    Italy scrambles to shop global’s oldest bank

    Italy plans to sell its share inside the unwell Monte Dei Paschi di Siena financial institution after top minister Matteo Renzi's resignation scared private traders from a deliberate rescue scheme. The government already owns 4

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    Ukraine to nationalize USA’s insolvent biggest bank

    Ukraine to nationalize USA’s insolvent biggest bank

    The most important bank in Ukraine, PrivatBank, is dealing with a multibillion-dollar capital shortfall and desires to be nationalized to defend the savings of 20 million clients. The Ukrainian central financial institution stated PrivatBank had

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    Ditch the massive banks to beat poisonous aggregate of low rates and growing inflation

    Ditch the massive banks to beat poisonous aggregate of low rates and growing inflation

    Savers will be forced to turn to smaller banks and building societies next year by a toxic aggregate of low quotes and growing inflation. While inflation is better than the interest rate you earn for

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    Italy approves bailout for Monte Dei Paschi

    Italy approves bailout for Monte Dei Paschi

    Italy's cabinet has authorized a national bailout for the USA's 1/3-largest financial institution, Monte Dei Paschi di Siena. Prime Minister Paolo Gentiloni stated his government had accepted a €20bn ($21bn, £17.9bn) fund to assist Italy's

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