you andre hang for us there in singapore the european central bank has appointed three temporary administrators to take charge of italy's bank it's a bit to save the struggling they had around for failed to raise capital late last year at least today's decision by target market watch told console to trading in cutting jades shares stock in the bank plunged last week up for its board failed to agree on a capital increase tried and failed to raise about four hundred million euros. ok simplex joins us from frankfurt. taking control over to tell your bank should we be worried. ben that appends on who you'd be worried about the bank certainly isn't a pretty bad situation but if you're worried about the italian banking sector now this move is actually rather positive i'd be more worried if these would be didn't step in european central bank has taken over the role of super supervision of