Banca IFIS buys Monte Paschi bad loans as part of 900 mln euro deal
June 23, 2015 at 07:12 AM EDT
MILAN, June 23 (Reuters) - Italy's Banca Ifis said on Tuesday it had bought three portfolios of non-performing loans with a nominal value of around 900 million euros ($1 billion), including bad loans worth 650 million euros from Monte dei Paschi di Siena.
