Friday, December 9, 2016

Monte, UniCredit: pressures mount on Italy's banks

The European Central Bank has rejected a request by Italy's Monte dei Paschi di Siena for more time to raise capital, a source said on Friday. As David Pollard reports, sources have also told Reuters that the country's largest lender, UniCredit, is set to announce a massive cash call, as pressure on the banking sector mounts.

Read more

No comments:

Post a Comment