Troubled Italian bank ousts chief executive
Veteran banker replaces Guido Bastianini at state-owned lender
Veteran banker replaces Guido Bastianini at state-owned lender
Banca Monte dei Paschi di Siena is officially Europe’s weakest lender
One focus is funds pumped into banks to stave off collapse
New test of confidence follows Monte dei Paschi’s failure to raise funds on the market
Higher-than-expected bill comes as ECB says capital shortfall rises to €8.8bn
As €20bn plan is agreed, analysis shows only 5.4% of Italian households own bank bonds
The government is ready to step in with state money to keep the Siena-based bank afloat
Analysts doubt bank can succeed with planned share sale and debt for equity swap
The banking sector is in such trouble that the IMF says it threatens the global economy
Banks have €360bn of nonperforming loans that need to be dealt with
Monte dei Paschi may have to raise capital quickly to meet the ECB’s target
Monte Paschi moved to clean up its balance sheet before ECB stress tests
Dublin stock exchange hardly moves, tipping 0.03 per cent into the red at close
Italian bank to shed thousands of jobs
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