Friday 29 July 2016

ECB approves rescue plan for Italian bank Monte dei Paschi - sources

MILAN/SIENA (Reuters) - The European Central Bank has approved a privately funded rescue of Italy's third-largest lender, Monte dei Paschi di Siena , three sources said on Friday, staving off the risk that regulators would be forced to wind up its business.


from Reuters: Top News http://uk.reuters.com/article/uk-ubs-monte-dei-paschi-idUKKCN1090OS?feedType=RSS&feedName=topNews

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