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Tuesday, December 27, 2016

ECB Says Paschi Needs $9.2 Billion of Capital, More Than Target

"The good news is that the ECB thinks Monte Paschi is solvent. So this has turned into a liquidity issue like we saw earlier in Greece.” Monte Paschi’s net one-month liquidity dropped to 7.7 billion euros from 12.1 billion euros during the Nov. 30-Dec ...


READ THE ORIGINAL POST AT www.bloomberg.com