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RTD News keeps you up to date on what’s happening around the globe. Thanks for watching this important update, Monte dei Paschi – World’s Oldest Bank Bailed Out (545 Years Old). Information to help you become more monetarily aware.

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News Articles:
1. EU approves bailout of BMPS, the world’s oldest bank
https://www.thelocal.it/20170704/eu-approves-bailout-of-bmps-monte-paschi-siena-the-worlds-oldest-bank

2. Italy formally takes control of Monte dei Paschi
http://www.marketwatch.com/story/italy-formally-takes-control-of-monte-dei-paschi-2017-07-05

3. Monte Paschi Sees Branch Cut From 2000 to 1400 by 2021
https://www.bloomberg.com/news/videos/2017-07-05/paschi-sees-branch-cut-from-2000-to-1400-by-2021-video

4. EU approval of Monte Paschi restructure paves way for state control
https://www.ft.com/content/9a0a1d68-615e-11e7-91a7-502f7ee26895

5. Italian Banks Hit Reset as Taxpayer Billions Bail Out Lenders
https://www.bloomberg.com/news/articles/2017-07-04/rescues-restore-confidence-in-italy-s-banks-yet-hurdles-remain

6. Italy to nationalize Monte dei Paschi di Siena, shed $32.5 billion in bad loans
http://www.stltoday.com/business/local/italy-to-nationalize-monte-dei-paschi-di-siena-shed-billion/article_d086f5d8-bd9f-512e-8a6c-a98aaf73ea25.html

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