Monte Paschi May Post Fourth Straight Loss on Lower Income
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Banca Monte dei Paschi di Siena, the bailed-out Italian bank embroiled in a fraud probe, will probably report a fourth straight quarterly loss as lending income falls.
Monte Paschi may post a net loss of 154 million euros ($200 million) when it publishes results tomorrow, compared with a profit of 88.5 million euros a year earlier, according to the average estimate of nine analysts surveyed by Bloomberg.