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Extreme stress for MPS as EBA verdict looms

MPS CEO Fabrizio Viola 230x150

Staring down the barrel of a bail-in, Banca Monte dei Paschi di Siena (MPS) is scrambling to develop a market-based recapitalisation plan before the end of the week in a crucial first test of the European Union’s Bank Recovery and Resolution Directive, which could place immense political strain on the Italian government.

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