No Deal, Daddy Monte!

UniCredit delivers another unexpected twist in the saga of Banca Monte Paschi

Siena — Photo by Matteo Kutufa on Unsplash

UniCredit and the Italian government failed to reach a deal this week on the sale of a majority stake in Banca Monte dei Paschi di Siena (BMPS). The embattled bank is in desperate need of €2.5 Billion, and the Italian government is committed to raising these funds on the private market instead of…

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No Deal, Daddy Monte!

UniCredit delivers another unexpected twist in the saga of Banca Monte Paschi

More from Share The Wealth

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