You Searched For "Monte dei Paschi" and got 20 results
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4 mins read
Monte dei Paschi is 'threatening the solvency of the Italian state itself'
"This would happen if investors, in particular foreigners, decided to pull out of an upcoming capit…
Jim Edwards
3 mins read
Monte dei Paschi's alleged overvalued palace shows the shakiness of its financial health
The Italian banking association allows visitors to tour the various palaces that its banks own once…
Jim Edwards
2 mins read
Monte dei Paschi shares have been halted after it accepted a government bailout
The rescue package, approved late on Thursday evening by Prime Minister Paolo Gentiloni and his cab…
Will Martin
2 mins read
Monte dei Paschi shares are swinging wildly as the bank's bailout crisis comes to a head
That leaves just one realistic option open for the bank, a state bailout. While the move will help …
Will Martin
2 mins read
REPORT: German regulator saw 'abnormalities' in Deutsche Bank deal with struggling Italian bank Monte dei Paschi
Bloomberg News cited a report by German regulator Bafin that said there were "abnormalities" in int…
Ben Moshinsky
1 min read
REPORT: Executive At Scandal-Ridden Italian Bank Commits Suicide
Monte dei Paschi – the world's oldest bank and one of Italy's biggest – had engaged in shady deriva…
Matthew Boesler
4 mins read
An Explanation Of The Derivatives Scandal That Could End Up Reshaping The Italian Election
Having then established through other sources that the tip-off was accurate, the next challenge was…
Matthew Boesler
3 mins read
The crisis at the world's oldest bank is edging closer to a solution
Some certainty returned to the Italian political climate on Sunday, after President Sergio Mattarel…
Will Martin
1 min read
Shares in the world's oldest bank crashed after warning it could run out of cash by April
The Italian banking crisis is coming to a head after the resignation of former Prime Minister Matte…
Ben Moshinsky
3 mins read
The European bank stress test just revealed how awful things look for the world's oldest bank
Monte de Paschi's abject performance comes just after the bank managed to secure a last minute priv…
Will Martin
3 mins read
An Italian businessman sentenced to nearly 2 years in prison is trying to rescue the world's oldest bank
Passera's audacious rescue attempt comes despite the fact that just over a week ago, Passera was, a…
Will Martin
2 mins read
Europe's banking sector got hammered on Monday
The only major European banking stock to see a substantial rise on Monday was stricken Italian lend…
Will Martin
4 mins read
Here's another sign that Italy's financial system is hanging by a thread
The situation is being made worse by a hugely uncertain political landscape in the country. Italian…
Will Martin
3 mins read
European stocks are on a charge
"Optimism remains rife within financials that the ECB is set to extend its bond-buying QE programme…
Will Martin
2 mins read
Italy's biggest bank is trying a €13-billion fix for its bad debt problem
The Italian banking crisis is coming to a head after the resignation of former Prime Minister Matte…
Ben Moshinsky
2 mins read
Italian stocks had a totally wild day - gaining more than 4%
Government officials reportedly told executives at Monte dei Paschi to prepare for a possible €5 bi…
Will Martin
2 mins read
Italian markets are tanking after Renzi's crushing referendum defeat
The relative calm of the markets on Monday morning reflects the fact that investors had broadly pri…
Will Martin
5 mins read
Bailing out the world's oldest bank could spark a fresh crisis for the eurozone
"It illustrates one of themes of my book, namely that having a single currency that works well give…
Will Martin
3 mins read
The world's oldest bank is cutting 2,600 jobs - and shares are rocketing
The cuts are part of a plan to turn around MPS and attract investments into a €5 billion recapitali…
Will Martin
2 mins read
The world's oldest bank could be bought out - and shares are going wild
As first reported by Italian newspaper La Repubblica, and subsquently by Bloomberg, prime minister …