A senior banking executive told Reuters that lenders had been ready for 'the chopping block, but then the axe didn't come down,' following Italy's 40% windfall tax for 2023. Sharply higher official interest rates have yielded record profits for banks https://t.co/7T2Yi9IYZ5 pic.twitter.com/ecaXmjTeTJ
— Reuters Business (@ReutersBiz) August 9, 2023
Source: Twitter
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