Paschi bank shares halted

Shares in Monte dei Paschi di Siena were suspended after sliding by 8.5% on news of a stark ECB warning for the Italian bank.

Paschi bank shares halted
Tue, 15 Jan, 2019 - 06:30

Shares in Monte dei Paschi di Siena were suspended after sliding by 8.5% on news of a stark ECB warning for the Italian bank.

The ECB had flagged funding and profitability risks as well as a weakened capital position in a letter to Monte dei Paschi, the bailed-out lender revealed late last week.

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