A "run" on Italy’s third largest bank begun on Wednesday; by Thursday, the Prime Minister and the European Central Bank were trying to restore trust, in the bank, and the system at large, with some success.
Prime Minister Renzi said the country has a robust banking system and the Milan Stock Exchange woke up to a 6,9% rise across the sector.
On Wednesday, depositors withdrew their money from Banka Monte dei Paschi de Siena SpA (BMPS), generating images that resembled Greece in the summer o...
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