MPS rallies 12% on Milan bourse

Troubled Tuscan lender recovers ground

(ANSA) - Milan, February 16 - After a lack-lustre start Monte dei Paschi di Siena (MPS) bank flew up on the Milan bourse Tuesday posting a 12% gain. The troubled Tuscan lender had been one of the biggest losers recently but already recouped 9.2% Monday. It has been through a string of scandals and is top of the Italian charts for non-performing loans (NPLs).
    photo: President Massimo Tononi

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