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Monte Paschi

A logo of Monte dei Paschi di Siena bank is seen on the ground in Siena

Monte Paschi to issue 15 billion euro in debt after EU approves liquidity support – paper

30/12/2016(0)
Italy’s Banca Monte dei Paschi di Siena (BMPS.MI), which is being bailed out by the state, plans to issue 15 billion euros ($15.8 billion) of debt next year to ... Read More
A logo of Monte dei Paschi di Siena bank is seen on the ground in Siena

Monte Paschi sees €4.8 billion loss in 2016; cuts thousands of jobs

25/10/2016(0)
Italy’s third-largest bank, Monte dei Paschi di Siena, has resolved to write down bad loans, lay off a tenth of its staff and raise €5 billion. The planned overhaul ... Read More
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