Five-Star Movement

Italian Bank Stocks Slump After Defeated Renzi Resigns

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The euro swung wildly against the dollar and bank stocks in Italy slumped as the country appeared headed for a period of political and financial turmoil. Prime Minister Matteo Renzi said Monday that he would resign after his program of constitutional reform was rejected by Italians in a referendum, with the ‘No’ campaign winning nearly … Read more

Euro Falls As Italian Leader Quits Over Referendum

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The euro fell against the dollar and investors braced for a bumpy ride on Monday as Italy appeared headed for a period of political and financial turmoil. Prime Minister Matteo Renzi announced early Monday that he would resign after his program of constitutional reform was rejected by Italian voters by a clear majority in a … Read more