Non-performing loan ratios above 100% are signs of severe stress. And 114 Italian banks are suffering severe stress. But here are 24 Italian banks where non-performing loans total 200% or more of tangible assets.
The post The Italian Job! 114 Italian Banks Have Non-performing Loans Exceeding Tangible Capital (24 Have 200% Or More) was originally published at The Wall Street Examiner. Follow the money!