Monte dei Paschi

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Italy formally takes control of Monte dei Paschi

05/07/2017(0)
The Italian government took control of Banca Monte dei Paschi di Siena on Tuesday, injecting EUR5.4 billion ($6.1 billion) into the troubled lender as part of a broad plan ... Read More
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Some €70 bn in non performing loans ready to be ceded by Italy’s main banks

22/02/2017(0)
The European Commission, the OECD, Economy Minister Piercarlo Padoan, EBA President Andrea Enria, Bank of Italy Vice Governor Fabio Panetta, and the Fitch ratings agency. One after another, like ... Read More
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European stocks end mixed; miners gain

29/12/2016(0)
European stock markets closed mixed in light post holiday trade on Wednesday, with miners pushing higher, while Italian banks led decliners on ongoing concerns about the future of Banca ... Read More
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One of Deutsche Bank’s top wealth chiefs is among 13 bankers facing allegations of fraud

16/12/2016(0)
One of Deutsche Bank’s top wealth chiefs in London is among 13 bankers facing allegations of fraud and false accounting tied to complex finance transactions with struggling Italian lender ... Read More
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Asia Stocks Higher, Australia Bucks Negative Growth Report

07/12/2016(0)
Asian shares were broadly higher Wednesday, catching a lift from gains in the U.S., as a weak Japanese yen helped exporters’ stocks on the Nikkei Stock Average. The Nikkei ... Read More
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Italy has requested possible Monte dei Paschi bailout

02/12/2016(0)
Italy is discussing with the European Commission the terms of a state bailout of ailing bank Monte dei Paschi (BMPS.MI: Quote) that has already been requested and could be ... Read More
A logo of Monte dei Paschi di Siena bank is seen on the ground in Siena

Italy court accepts Monte dei Paschi settlement request: source

14/10/2016(0)
An Italian court accepted a request from Banca Monte dei Paschi di Siena (BMPS.MI) to settle a case revolving round alleged financial crimes by former managers, a source said ... Read More
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