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Bank offices in Italy continue to shutter

This picture taken on February 5, 2016 shows the Unicredit logo on the Unicredit Tower in Milan. (Photo by AFP)

Max Civili
Press TV, Rome

The bank of Italy has warned about the plummeting number of bank offices in the country. Over 6,000 branches have closed since 2010 and as many are at risk of being shut down if their bad loans are not sold off quickly. Highly-controversial American bank JP Morgan is offering to help rescue Italy’s banking system. Our correspondent in Italy Max Civili has the story.


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