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Italian banks
Italian banks News
Italian banks
24 Jun 2017
Italian PM 'guarantees' savers' accounts in 2 troubled banks
The government was expected to quickly hold a Cabinet meeting to decide about taking on the banks' deteriorated assets, a cost estimated at some 8 million-10 million euros (nearly USD 9 million-USD 11 million).
Banca Monte dei Paschi di Siena
06 Jul 2016
World's oldest bank could become Europe's newest problem
With gross bad loans amounting to 46.9 billion euros ($52 billion), BMPS, is at the forefront of concerns about the fragile balance sheets of Italian banks, which are weighed down by 360 billion euros in bad debt.
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