SITUATION REPORT

Italy: Private Recapitalization Plan For Major Bank Fails, State Rescue Set To Take Place

MIN READDec 21, 2016 | 16:09 GMT

A private 5 billion euro ($5.22 billion) recapitalization plan to save Italy's third largest lender, Monte dei Paschi di Siena, collapsed Dec. 21, Financial Times reported. ...

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