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S&P revises Italian bank view to stable
S&P said it revised the outlooks to stable from positive and affirmed the ratings of three Italian banks. The outlook revision and ratings affirmations follow a similar action on Tuesday on Italy’s sovereign ratings.
The banks are Intesa Sanpaolo SpA and its core subsidiary Fideuram - Intesa Sanpaolo Private Banking SpA, UniCredit SpA and Mediobanca SpA and its core subsidiary MB Funding Lux SA.
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