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Transcripts For BBCNEWS World Business Report 20161223

Oldest bank italys Monte Dei Paschi requests a state bailout, after plans to save itself come to nothing. Plus it is a 660 billion relationship, but could trumps tough talk spell a costly trade war between the us and china . Welcome to World Business report. If you are tuning in for the first time, stay where you are. I know it is early in britain. We have nine minutes and here is a fascinating snapshot of all the latest in the world of business and money. Who put that on the autocue . We are going to start in italy. We have been following this for weeks now. The deepening banking crisis, because in the last few hours, one of the countrys biggest banks says it will request a government bailout. We are talking about Monte Dei Paschi di siena. Its boss has been flying around the world, desperately trying to raise money ....

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