Monte Dei Paschi Reacts To The ECB Notification With Its Largest Fall Since May
The flood of negative news about Italian banks continues. The shares of Banco Dei Paschi di Sienna (BMPS) fell -10.2% to 1.35€/share after receiving a request from the ECB to improve its solvency ratios. The central bank sees risks which affect the bank’s profitability and financing, but the Italian Economics Minister, Giovanni Tria, comments that “Italian banks do not have major problems”.