We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Same horse, new jockey

17 Oct 2016 By Neil Unmack

Corrado Passera has made a proposal to rescue Monte dei Paschi di Siena, facing off a 5-billion-euro JPMorgan plan. The ex-Intesa chief’s plan may avoid a politically-thorny debt swap, but raises fewer funds. With MPS, the politically expedient is the enemy of the good.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)