Re: 2 years?
Remember me, weren't a not so small number of UK and US banks bailed out it the past years? What about the "Libor" fixing? Montepaschi issue are due to a criminal management. Italian private savings are among the largest in the world. Public debt is enormous, but private debt is very small - unlike UK.
Yes, Deutsche Bank tried to play the anglosaxon financial game, and found itself in sea of s**t full of derivatives. Less "financial creativity" from London could only help.
Biting the hand that feeds IT
