Tag Archives: Monti Paschi

It Begins: Monte Paschi “Bails In” Bondholders, Halts $650 Million In Coupon Payments

Recall that three weeks ago we warned that “Monti Paschi Faces Bail-In As Capital Needs Point To Nationalization” although we left open the question of “who will get the haircut including senior bondholders and depositors…. given the small size of … Continue reading

Posted in Editorial, Financial | Tagged | 1 Comment