ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a …
Read More »Italian bank getting back on feet after $10bn bailout
Bloomberg Italian bank Monte dei Paschi di Siena is slowly turning a corner after last year’s 8 billion euro ($10 billion) bailout, its chief executive said, flagging an increase in both lending and client funding. Italy’s fourth-largest lender, laid low by mismanagement and a large bad loan pile, has long been Rome’s biggest banking headache and is now 68 percent …
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