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Monday, May 29, 2017

Monte dei Paschi says in exclusive talks over bad loan sale

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MILAN (Reuters) – Italy’s fourth biggest bank Monte dei Paschi di Siena said it was in exclusive negotiations with a domestic fund and a group of investors over the sale of its bad loan portfolio, which it needs to offload to be allowed to receive state aid.

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May 29, 2017 at 09:41PM

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