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."
`Time Is of the Essence' for Greece to Reach Deal: Lew
09:17 - U.S. Treasury Secretary Jacob J. Lew speaks about the U.S. and global economies, Greece's debt crisis and International Monetary Fund reforms. Lew speaks at news conference at the 2015 World Bank Group/IMF Spring Meetings in Washington. (Source: Bloomberg)
  • A Penthouse Perspective on NYC Real Estate
  • Will the Comcast-Time Warner Cable Merger Ever Happen?
  • Quirky CEO: Why We Partnered With Mattel