– Italy’s Monte Paschi Told To “Prepare For State Bailout”:
Bankers are running out of private-sector solutions for Monte dei Paschi di Siena and have told the Italian lender to prepare for a state bailout this weekend after prime minister Matteo Renzi was felled by a referendum defeat.
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Tags: Bailout, Banking, Economy, Global News, Government, Italy, Monte Paschi, Politics
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