ROME—The vote against a popular referendum is likely to stir fresh turmoil for Italy’s banks, with pressure growing in particular on troubled lender Banca Monte dei Paschi di Siena SpA. On Sunday, Italians rejected a change to Italy’s constitution that was proposed by Prime Minister Matteo Renzi. Mr. Renzi has said he would tender his resignation to Italian President Sergio Mattarella on Monday. The prospect of political...
Source: Wall Street Journal December 05, 2016 09:01 UTC