Advertisement
#Open journalism No news is bad news

Your contributions will help us continue to deliver the stories that are important to you

Support The Journal
Dublin: 11°C Monday 17 May 2021

#BMPS

# bmps - Thursday 22 December, 2016

Italy is preparing to bail out the world's oldest bank - and bondholders will be burnt
# BMPS
# BMPS

Italy is preparing to bail out the world's oldest bank - and bondholders will be burnt

Dec 22nd 2016, 11:29 AM 16,675 Views 54 Comments

The world’s oldest bank and Italy’s third-biggest, BMPS is racing against the clock to raise €5 billion or face a government bailout.