Moody’s delays Monte ratings upgrade decision

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Moody’s delays Monte ratings upgrade decision

Monte_dei_Paschi_AdobeStock_575x375_30June20
Monte's CET1 ratio fell to minus 0.1% under the adverse scenario| Arcansél/Adobe Stock

Moody’s postponed its decision on whether to upgrade Banca Monte dei Paschi di Siena (MPS) on Thursday, as the ratings agency wants to examine the Italian bank’s forthcoming capital plan first.

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