Italy’s Banco Popolare is not hanging about and they want to stake its claims for some cheap ECB moolah. According to Bloomers, who have seen a slide presentation on the Banks website, they reckon they’ll be tapping up the Dragster and his new scheme for €3.5-4bn
How indicative that number is for the rest of the European banking world is an unknown and the previous LTRO’s didn’t disclose who borrowed what. Whether that’s going to be the same remains to be seen.
There’s no flies on Banco Popolare
