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Business Matters: Italy's Monte dei Paschi In Rescue Plan

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30/07/2016 GMT

Italy's Monte dei Paschi In Rescue Plan

BBC World Service - Business Matters, Italy's Monte dei Paschi In Rescue Plan

Troubled bank Monte dei Paschi came a distant last in EU bank stress test results.

Italy's troubled bank Monte dei Paschi came a distant last in EU bank stress test results released on Friday.

The board of Monte dei Paschi have backed a private sector rescue plan of the troubled Italian bank. The lender came a distant last in EU bank stress test results released on Friday, as it saw its capital buffers wiped out within three years by the crisis scenario. The BBC's Theo Leggett reports from Italy.

Also on the programme, as Hillary Clinton accepts the Democratic nomination, we assess her economic policies.

And we look at the business of mindfulness and why big corporates are encouraging employees to meditate.

Susannah Streeter will be joined throughout the programme by Danny Sampson, Professor of Management at the University of Melbourne.

(Image: headquarters of the Monte dei Paschi di Siena bank. Credit: GIUSEPPE CACACE/AFP/Getty Images)

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