Banca Monte dei Paschi di Siena -The world’s oldest bank to cut 4,000 jobs

It will also close some 150 branches, bringing its network to just over 1,200 branches.

After the bank teetered near failure, Rome spent some EUR5.4 billion to nationalize it in 2017, equivalent to more than $6 billion at the time.

MarketWatch 23 June 2022

https://www.marketwatch.com/story/italy-s-monte-dei-paschi-plans-2-64-billion-capital-increase-to-revamp-business-271655969855


More about Banca Monte dei Paschi di Siena

https://englundmacro.blogspot.com/search?q=monte


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