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View Full Version : Draghi Urges Italian Banks to Boost Capital, Cut Dividends - Bloomberg



NewsWhore
02-26-2011, 12:40 PM
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Draghi Urges Italian Banks to Boost Capital, Cut Dividends (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEX-RIHyxY_q-3txsM5_A0tjNjcqg&url=http://www.bloomberg.com/news/2011-02-26/draghi-urges-italian-banks-to-strengthen-capital-cut-dividends.html)
Bloomberg
â??For banks to be prepared when the new capital adequacy rules are fully phased in, capital strengthening must proceed, above all through retained earnings,â?? Draghi said in a speech to foreign-currency traders in Verona, Italy, today. ...

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