Milan investors bullish on banks after Italy-EU deal on MPS
ROME, June 1 (Xinhua) — Investors were bullish on banks Thursday after Italy and the European Union (EU) reached an initial agreement on the precautionary recapitalization of the troubled Monte dei Paschi di Siena (MPS) bank. This means the Italian Treasury can step in to rescue MPS after its shareholders and junior bondholders take losses, […]
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