ABU DHABI / WAM PureHealth, the largest healthcare group in the Middle East, has announced …
Read More »Italy’s Monte Paschi flunks stress test, plans to raise capital
Bloomberg The world’s oldest bank is also Europe’s riskiest. Italy’s Banca Monte dei Paschi di Siena SpA was the only one of 51 lenders tested by European regulators to have its capital wiped out in the exam’s toughest scenario. The bank, which has been bailed out twice by the government since 2009, said it plans to sell as much …
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