The World’s Oldest Bank Is in Dire Straits. Again
A pedestrian walks her dog past a Banca Monte dei Paschi di Siena SpA bank branch in Rome, Italy. (Photographer: Alessia Pierdomenico/Bloomberg)

The World’s Oldest Bank Is in Dire Straits. Again

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(Bloomberg Opinion) -- You can understand why Italy might want to hand yet another round of state aid to Banca Monte dei Paschi di Siena SpA. It is, after all, the world’s oldest bank. And while by...