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Monte dei Paschi di Siena

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Italy to bailout Monte dei Paschi di Siena bank with €20bn rescue fund

22/12/2016(0)
A €20bn (£17bn) rescue fund for Italy’s banking sector has been approved by the country’s parliament, heralding a bailout of the world’s oldest bank, Monte dei Paschi di Siena ... Read More
A logo of Monte dei Paschi di Siena bank is seen on the ground in Siena

Italy seeks to borrow 20 bln euros to prop up banking sector

20/12/2016(0)
The Italian government decided on Monday to seek parliamentary approval to borrow 20 billion euros to underwrite the stability of its wobbly banking sector, starting with a likely bail-out ... Read More
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The world’s oldest bank survival may trigger deep crisis in whole Europe

08/12/2016(0)
Monte dei Paschi bailout this weekend could trigger crisis in Italian banking Bankers are running out of private-sector solutions for Monte dei Paschi di Siena and have told the ... Read More
Monte dei Paschi bank

Can the world’s oldest bank survive Italy’s upheaval?

06/12/2016(0)
The world’s oldest operating bank is racing to avoid a government bailout. Italy’s Monte dei Paschi di Siena (BMDPF) is trying to salvage a rescue plan that would see ... Read More
A logo of Monte dei Paschi di Siena bank is seen on the ground in Siena

Italian bank faces legal claims for a total of more than 8 billion euros

28/11/2016(0)
Ailing Italian bank Monte dei Paschi di Siena said on Monday it is facing potential legal claims for a total of more than 8 billion euros ($8.5 billion) in ... Read More
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