Monte Paschi Bailout Won’t Spur Recovery as Loan Losses Surge

Monte Paschi Bailout Won’t Spur Recovery as Loan Losses Surge

Alessia Pierdomenico/Bloomberg

A logo sits on a window at the headquarters of Banca Monte dei Paschi di Siena SpA in Siena, Italy. Monte Paschi may report a 43 percent jump in bad-loan provisions to 666 million euros in the last three months of 2012 from a year earlier, the survey of analysts found.