Monte Paschi rejoins O-SII list due to more ‘complexity’, ‘interconnectedness’

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Monte Paschi rejoins O-SII list due to more ‘complexity’, ‘interconnectedness’

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Siena, Italy - August 27, 2018: Modern sign in historic medieval old town village in Tuscany for Monte dei Paschi Sienna entrance on building | ablokhin - stock.adobe.com

The Bank of Italy will require Banca Monte dei Paschi di Siena to maintain higher capital buffers from next year, after finding that it has become more complex and interconnected within the financial system.

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