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Italy's €17bn banks rescue | World

2019-03-04 59 Dailymotion

Intesa to partially acquire Veneto Banca and Banca Popolare di Vicenza<br /><br />Italy has moved to shore up confidence in its fragile banking system after agreeing to pump €5bn of taxpayers’ money into two failed mid-sized banks while handing their good assets to Intesa Sanpaolo, the country’s strongest lender.<br /><br />► Subscribe to FT.com here: http://bit.ly/2r8RJzM<br /><br />► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes

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