Moody's reviews Monte dei Paschi's standalone BCA for upgrade following government intervention
Subordinate, senior debt, and deposit ratings remain on review with direction uncertain reflecting various uncertainties. London, 27 December 2016-- Moody's Investors Service has today extended the review on Banca Monte dei Paschi di Siena S.p.A.' s ca standalone baseline credit assessment, but changed the direction to review for upgrade from review with direction uncertain previously. The action reflects the rating agency's expectation that the bank will improve its credit...
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