Monte Paschi Rating Cut on Probe Loss Concerns

Feb. 1 (Bloomberg) -- Elisa Martinuzzi, Bloomberg's chief European financial correspondent, reports that Banca Monte dei Paschi had its credit rating cut by Standard & Poor’s on concern an investigation into the bank's money-losing structured deals may lead to bigger losses. She speaks on Bloomberg Television's "The Pulse."

What Could Reserve Currency Status Mean for China?
27:37 - Nicholas Consonery, Asia practice director at Eurasia Group, and Steven Englander, global head of G10 FX strategy at Citigroup, discuss expectations for the International Monetary Fund to add the Chinese yuan to the fund's Special Rights Basket, making it a reserve currency and how it could impact the Chinese government and global currency markets. They speak on "Bloomberg Markets." (Source: Bloomberg
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