Banca Monte Dei Paschi di Siena

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    Bank Runs Have Begun in Italy

    MILAN — A “run” has begun on Italian Banks, with Depositors taking out money in a PANIC, fearing they will lose everything if they leave their money deposited. Banca Monte Dei Paschi di Siena SpA’s shares shed one-fifth of their value after plunging for a third consecutive day Wednesday, as the bank scrambled to reassure investors its finances are solid.…

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