Fund managers have warned of short-term volatility following Italy's vote against constitutional reform in this weekend's referendum, which they say could "exert a baleful influence" on the country's struggling banking sector.
With most ballots counted in Sunday's referendum, Italy voted by 60% to 40% to reject Renzi's (pictured) proposals to greatly reduce the power of the Italian Senate in order to simplify and speed up the...
'Gap between value and price as wide as I have ever seen'
Reduced UK outflows
Draws attention of FCA
Subject to shareholder approval
Leigh Day in “final stages”
'We can't do this alone'
SJP receives scathing open letter from shareholder criticising 'bloated organisational structure' and 'excessive pay'
Suggests reducing adviser operating expenses
90% relate to Covid-19