After performing poorly in a stress test, Monte dei Paschi di Siena, founded in 1472, could be swallowed by UniCredit.
Tag: Unicredito Italiano SpA
Virus Revives Italy’s Age-Old Shadow Safety Net: The Pawnshop
Italians have put up valuables as collateral for loans for centuries, through plagues and sieges. Today they do it as part of the formal banking system. And business is booming.