Monte dei Paschi readied for state bailout after Renzi defeat

06-Dec (FT) — Bankers are running out of private-sector solutions for Monte dei Paschi di Siena and have told the Italian lender to prepare for a state bailout this weekend after prime minister Matteo Renzi was felled by a referendum defeat.

[source]

Share
This entry was posted in Europe. Bookmark the permalink.

Comments are closed.