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Exclusive-UniCredit working with AMCO to offload risk on 11.8 billion euros of MPS loans -sources

Exclusive-UniCredit working with AMCO to offload risk on 11.8 billion euros of MPS loans -sources

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Italy’s UniCredit is working on a scheme to offload risks on 11.8 billion euros ($14 billion) of Monte dei Paschi loans deemed in danger of turning sour as it discusses a possible acquisition of the state-owned rival, three sources close to the matter said.

...read full article on Reuters

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