December 14, 2012 at 12:51 PM EST
TEXT-FFitch: 2013 outlook for Italian banks remains negative
Link to Fitch Ratings' Report: 2013 Outlook: Large Italian BanksDec 14 - Fitch Ratings' outlook for the major Italian banks for 2013 remains negative according to a newly published report. The outlook reflects the difficult operating environment for the Italian banks in the midst of the eurozone crisis. The weak domestic real economy has caused a sharp rise in impaired loans, and Fitch expects asset quality to deteriorate further in 2013. At the same time, earnings generation remains under press
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