Monte Paschi Rating Cut on Probe Loss Concerns

Monte Paschi Rating Cut on Probe Loss Concerns Play

Feb. 1 (Bloomberg) -- Elisa Martinuzzi, Bloomberg's chief European financial correspondent, reports that Banca Monte dei Paschi had its credit rating cut by Standard & Poor’s on concern an investigation into the bank's money-losing structured deals may lead to bigger losses. She speaks on Bloomberg Television's "The Pulse."

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