Italy’s MPS working to cut legal risks as EU weighs bank’s viability By Reuters
By Valentina Za and Giuseppe Fonte MILAN (Reuters) - Italy's Monte dei Paschi (MPS) said on Thursday it was working to reduce its legal risks while the European Union assessed the state-owned bank's ability to stay in business before unlocking more public aid. Italy rescued MPS in 2017 at a cost of 5.4 billion euros ($6.6 billion) to taxpayers. It now...
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