Relevant:
- Italian Bank Shares Slump as Renzi Loss Adds to Uncertainty
- Contagion from the 2 Friday-Night Bank Collapses in Italy?
- Monte Paschi Capital Wiped Out in European Bank Stress Test; Will Raise More Capital
- Italy Bank Rescue Won't Fill $54 Billion Hole on Their Books
- Woes at Italy's Biggest Bank Reverberate in Europe
2016-07-28 — zerohedge.com
``Moments ago, we learned that this "private bailout" process appeared to be on the rock, when Reuters reported that Morgan Stanley and Italian lenders UniCredit and Intesa SanPaolo have walked away from Monte Paschi's "proposal" to back its proposed €5 billion cash call, "a source familiar with the matter told Reuters."''
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