Monte Paschi’s Restructuring: What You Need To Know – ValueWalk Premium

Monte Paschi’s Restructuring: What You Need To Know

It looks as if, for now at least, Europe’s next banking crisis has been averted. Over the weekend a rescue plan emerged for Italy’s Banca Monte dei Paschi di Siena, the struggling Italian lender which was the worst performing of all Europe’s banks in the recent EBA EU-wide stress tests.

Can European Banks Rebound from the “Triple Whammy”?

The rescue plan has three steps the first two of which involve increasing the coverage for bad debt and transferring bad debt into a . . .

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