Monte dei Paschi reports 3.1 billion euro loss as state steps in

August 11, 2017 by  
Filed under News

MILAN (Reuters) – Monte dei Paschi di Siena reported a 3.1 billion euro ($3.7 billion) second-quarter loss after additional writedowns on the bad loans Italy’s fourth biggest bank is selling as part of its bailout by the state.

Source: Reuters Business News

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