As the stock prices of Italian banks slide on the prospect of a “No” vote in the Italian referendum – an issue ValueWalk touched on a week ago – a Barclays report notes the non performing loan issue could be a self-fulfilling prophecy, creating a negative feedback loop. Steve Eisman On Italian Banks – You Are all Screwed Italy never addressed its non performing loan issue In the wake of the global financial crisis, many banks, particularly those in Italy, were left with a non-performing loan (NPLs) problem on their balance sheet. High NPLs tend to reduce bank lending by impacting three interrelated…
Barclays On Italian Banks "NPLs Could Be The Sleeping Disease"
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.