All material subject to strictly enforced copyright laws. © 2021 Euromoney Institutional Investor PLC group
FIGSenior Debt

Monte woes continue as Fitch puts bank on negative watch

Monte_dei_Paschi_Adobe_575x375_200220

Fitch placed Banca Monte dei Paschi di Siena (MPS) on negative watch on Monday evening, following Moody’s, which postponed its ratings upgrade decision last week, with the Italian bank now expected to face a capital shortfall of up to €1.5bn by the end of next year.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree