Decision on Monte Paschi rescue soon; Vicenza and Veneto next: ECB

Mar 27, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

FRANKFURT (Reuters) – European authorities will soon decide on a public rescue plan for Italian lender Monte dei Paschi di Siena and are already working on similar requests from two smaller banks, the European Central Bank’s top supervisor said on Monday.