Italy to Nationalize Bank, Shed $32.5B in Bad Loans – U.S. News & World Report

Italy to Nationalize Bank, Shed $32.5B in Bad Loans – U.S. News & World Report

U.S. News & World Report

Italy to Nationalize Bank, Shed $32.5B in Bad Loans
U.S. News & World Report
The Italian government is taking control of troubled bank Monte dei Paschi di Siena and will try to relaunch it in a plan that includes disposing of a massive 28.6 billion euros ($32.5 billion) in bad loans. July 5, 2017, at 6:22 a.m.. MORE.
Italian Banks Hit Reset as Taxpayer Billions Bail Out LendersBloomberg


Italy formally takes control of Monte dei PaschiMarketWatch
European markets mixed; Qatar deadline eyed; Ocado rises 1.7%CNBC
The Australian –Financial Times –euronews –Times of India
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