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BRIEF-Moody's says negative outlook on Italy's banking system reflects continued fragility of balance sheets‍​
October 17, 2017 / 4:22 AM / a month ago

BRIEF-Moody's says negative outlook on Italy's banking system reflects continued fragility of balance sheets‍​

Oct 17 (Reuters) - Moody’s on Italy banks-

* Negative outlook on Italy’s banking system reflects continued fragility of balance sheets‍​

* Expects that a lower inflow of new problem loans in 2018 will reduce loan loss charges and support profitability. ‍​ Source text: bit.ly/2ymwEoR

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