Rocha, GonçaloMenasci, Emanuele2018-11-272019-06-302018-10-26http://hdl.handle.net/10362/52954The 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.engBanking foundationInorganic growthNon-performing loansPrecautionary recapitalizationmaster thesis202029611