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Italian Banking Stocks Tumble As Government Approves 40% Windfall Tax For 2023

(CTN NEWS) – Italian Banking shares experienced a significant decline on Tuesday morning following the approval of a 40% windfall tax by Italy’s cabinet on lenders’ excessive profits for the year 2023. By 12:43 a.m. in Rome, BPER Banca’s shares had dropped by over 9%, while Intesa Sanpaolo and Finecobank saw decreases of more than […]

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Italian Banking Stocks Tumble As Government Approves 40% Windfall Tax For 2023

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