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Italy , Sunday 25 February 2018

Bank of Italy Knew for Years Paschi Masked Losses, Report Shows - BloombergQuint

Bank of Italy Knew for Years Paschi Masked Losses, Report ShowsBloombergQuintThe newly revealed report -- dated Sept. 17, 2010, and marked “private” -- shows the Bank of Italy was aware that by choosing not to book the trade at fair value Monte Paschi avoided showing a loss at the time. If the bank had used a mark-to-market ...and more »




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