The Monte dei Paschi di Stato gets out of Btp trading

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Milan. The Monte dei Paschi di Siena is doing everything to replace the budgets, including trading operations on Italian government bonds, which thanks to the drastic reduction of the sovereign spread were particularly advantageous for the bank administered by Marco Morelli and controlled by the Treasury . From the accounts of the third quarter of this year, presented to the financial community on Wednesday, there is an extraordinary capital gain of around 90 million euros realized thanks to the sale of 1.5 billion euros …

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https://www.ilfoglio.it/economia/2019/11/07/news/il-monte-di-stato-se-la-cava-col-trading-di-btp-285525/

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