Thursday, 1 June 2017

EU, Rome seal preliminary rescue deal for Monte dei Paschi

BRUSSELS/MILAN (Reuters) - The European Commission and Italy have reached a preliminary agreement on a state bailout for Monte dei Paschi di Siena that includes heavy cost cuts, losses for some investors and a cap on pay for the bank's top executives.


from Reuters: Top News http://uk.reuters.com/article/uk-eurozone-banks-monte-dei-paschi-eu-idUKKBN18S4DM?feedType=RSS&feedName=topNews

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