The topsy turvy world of Mote Dei Pashi rolls on
The Italian trouble bank is still making waves. Its stock price took off yesterday, and continued early today, after it’s CEO laid out plans to deal with investors and to return the bank to profitability. Today he’s just been talking in a presser and while the market liked what he said yesterday, it doesn’t like what he’s said today. It was halted, limit down, at a 23% loss earlier.