Tag "Bank Stress Test"
Italy’s oldest bank has just clinched a multi-billion dollar rescue after flunking a test of its financial strength. Banca Monte dei Paschi di Siena announced on Friday night that it had found a “definitive solution” to its legacy of bad
Italy is in talks with the European Commission to devise a plan to recapitalise Italian lenders with public money limiting losses for bank investors, an EU executive spokeswoman said on Sunday. The move would aim to help Italian lenders at
For all the hullabaloo about the stress tests, the truth is the Fed is making bank executives sweat a little less than it used to. What’s more, after six years of doing these annual tests, the incentive for banks to