DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister ...
Read More »Germany sees Monte Paschi bailout eroding bank-failure rules
Bloomberg German officials and lawmakers are concerned the state rescue of Banca Monte dei Paschi di Siena SpA is stretching the credibility of the European Union’s new regime for too-big-to-fail banks. Wolfgang Schaeuble’s Finance Ministry remains skeptical about Italy’s plan to protect individual investors and would prefer them to seek individual compensation through the courts rather than en masse ...
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