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Troubled Italian lender Banca Monte dei Paschi di Siena enters into exclusive talks with a group of investors regarding the sale of a large portfolio of bad loans. This step is part of the bank's restructuring plan aimed at receiving a government rescue. The negotiations with Quaestio Capital Management and other investors involve the securitization and sale of €26 billion worth of toxic loans, playing a crucial role in the bank's recovery efforts.
Saturday, 27 May, 2017