Italian bank stocks rebound as government waters down windfall tax

📆 09/08/2023 15:14:00

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Italian bank shares rebounded after the government reduced a surprise windfall tax on excess profits. The finance ministry announced that the levy on net interest income would be capped at 0.1% of risk-weighted assets, calming market jitters.

📆 09/08/2023 15:14:00
📰 CNBC

⏱ Reading Time:
10 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 72%

all fell sharply during Tuesday trading wiping out more than 9 billion euros from the market capitalization of the Italian banking sector.

Finecobank shares recovered 6% by mid-morning on Wednesday, while Unicredit and BPER Banca were both up by more than 4%. Banco BPM and Intesa Sanpaolo each gained more than 3%.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

France Dernières Nouvelles, France Actualités