Loss deepens for Italy’s BMPS despite bailout

Italy’s troubled bank Monte dei Paschi di Siena (BMPS) suffered an even deeper loss in 2017 despite being bailed out, according to information released Friday. The net loss of 3.5 billion euros ($4.3 billion) was worse than the 3.2 billion loss it registered last year, and worse than the average of 3.2 billion euros expected [...]

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