European Banks Get Crushed, Worst 2-Day Plunge Ever, Italian Banks to Get Taxpayer Bailout, Contagion Hits US Banks

Two days of breathtaking losses for the European banking shares after Brexit clearly shows the fragility of the banking sector there. Brexit is just one of the many possible triggers causing another banking crisis to flare-up.

Full article: http://wolfstreet.com/2016/06/27/european-banks-get-crushed-worst-2-day-plunge-ever-italian-banks-to-get-taxpayer-bailout-contagion-hits-us-banks/

Bank bail-in

This article is part of the Bank bail-in in-depth topic. Get a crash course and read the latest developments on this topic.

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