Market Rumors: Monte Paschi, Scientific Games, Virgin Money

By Chelsea Naso (November 5, 2014, 6:30 PM EST) -- Banca Monte dei Paschi di Siena SpA, one of 25 lenders that failed Europe's bank stress test, is said to be lining up underwriting commitments for a share sale to raise as much as €2.5 billion ($3.1 billion) to fill its capital shortfall, Bloomberg reported Wednesday, citing people with knowledge of the discussions. Monte Paschi is likely to secure banking from at least eight banks, including Goldman Sachs Group Inc. and Mediobanca SpA, as well as its advisers, UBS AG and Citigroup Inc., the report said. The bank's board was said to be meeting Wednesday to discuss the plan, which must be submitted to regulators by Nov. 10....

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