Decision leaves Rome with little option but to inject state funds into ailing bank

Topics:  rome   
BING NEWS:
  • Italy says it has broadly met EU commitments on Monte Paschi
    Italy has broadly met re-privatisation commitments agreed with Brussels over bailed-out bank Monte dei Paschi di Siena (MPS) after the market placement of a 12.5% stake, Economy Minister Giancarlo ...
    03/27/2024 - 7:00 am | View Link
  • Italy achieves slim 2.5% discount on second Monte Paschi selldown
    The Italian Ministry of Economy and Finance has completed its second selldown of shares in Monte Paschi di Siena since its bailout in 2017, raising €653.5m. Launched after the market close in Milan on ...
    03/27/2024 - 2:54 am | View Link
  • Italy Steps Up Paschi Sale as Market Conditions Favor Divestment
    Italy is making moves to comply with European Union demands to dispose of Banca Monte dei Paschi di Siena SpA, leveraging off favorable market conditions and the bank’s progress in turning itself ...
    03/26/2024 - 11:47 pm | View Link
  • Italy to Sell Shares in Banca Monte Dei Paschi for $704 Mln
    By Andrea Figueras Italy's Ministry of Economy and Finance said it will reduce its stake in Banca Monte dei Paschi di Siena and plans to raise around ...
    03/26/2024 - 9:03 pm | View Link
  • Italy Sells 12.5% Stake in Monte Paschi for About €650 Million
    Italy sold about 12.5% of Banca Monte dei Paschi di Siena SpA for about €650 million ($704 million) as part of Giorgia Meloni’s government plan to divest from the bailed-out lender.
    03/26/2024 - 6:18 am | View Link
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