by Alessandro Albano
The trend towards improvement in the exposure to non-performing loans of Italian banks continues, thanks to the continuous sales to specialized investors. But the performance of securitized portfolios, at least those placed on the market and with a public rating, in particular those with a public guarantee (GACS), still leave something to be desired in many cases. In line with what has already emerged in recent months from the reports of various rating agencies, in particular we recall the one by Moody's of last. . .
