Italian Police Seize $54m in Italy Bank Probe: Embattled Monte dei Paschi in Financial Trouble, Shady Dealings
Italian financial police have carried out seizures of a total of about €40 million, equivalent to $54 million as part of probe set to shed light on the bank's dealings. Thus far, after registering an equivalent of $972 million in losses, Monte dei Paschi di Siena Bank needed a government bailout