Published on 23 September 2021
You can DOWNLOAD HERE the technical blog that accompanies the Politeia article on extrapolating lessons for the Eurozone, UK and global banking systems from the proposed merger of UniCredit and Monta dei Paschi di Siena.
The case raises difficult questions about whether any meaningful re-capitalization of banking systems has occurred since the […]
Published on 23 September 2021
As Italy’s oldest bank is poised to merge with its second largest, Bob Lyddon considers the failure of Eurozone governance and its potential consequences – from which the UK is not immune
The UK-EU Withdrawal Agreement (2019) with its Northern Ireland Protocol remains one problematic matter of unfinished Brexit business. Less widely […]
Published on 2 August 2021
It looks likely that Unicredit will be entering into a shotgun wedding with Mone dei Paschi di Siena (MPS). Unicredit will be compelled by the Italian political and monetary authorities to act as a White Knight.
MPS just failed its European Banking Authority Stress Tests but then it has been flat broke […]