Monte dei Paschi di Siena

Italy's intractable banking crisis spells trouble for Renzi and EU

Monte dei Paschi di Siena, the world's oldest bank, is the epicentre of growing scrutiny on Italian lenders in the wake of the Brexit referendum. The growing anxiety over Italy's banking sector...

Italy's banking crisis deepens as MPS shares collapse on ECB demands

Monte dei Paschi di Siena (MPS) shares fell to a record low Monday on reports that the European Central Bank (ECB) wants the troubled Italian lender to reduce its exposure to bad loans, piling the...