A Bank’s crisis: the case of Monte dei Paschi di Siena

The case retraces the main attributes that characterised the crisis of the Italian bank Monte dei Paschi di Siena. Among these, a key role was played by the peculiar governance structure of the institution, as well as the elevated amount of non-performing loans that it presented on balance sheet. After more than 10 years of dissipation of resources and poor results, the Italian government operated a precautionary recapitalization to bail-out the bank in 2017