The Italian Prime Minister has called for a cabinet meeting to discuss the request for funds from the parliament. The funds will be used to rescue the country's most troubled banks.
banking industry
Breaking News
Anshu Jain, co-CEO of Deutsche Bank, said the current climate would move banks to consolidate.
Studies by financial analysts indicated that the banking sector is recovering and may regain top spot on S & P.
Itau Unibanco Holding SA will contest tax charges amounting to BRL18.7 billion (USD7.9 billion).
China will give private capital the same entry standards to the banking industry as other capital, state media said on Sunday.
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