Italy's Monte Dei Paschi Eyes $2.6B Capital Increase
By Linda Chiem ( November 3, 2014, 12:45 PM EST) -- Italy's Banca Monte dei Paschi di Siena SpA said Sunday that it is planning a capital increase to fully cover the €2.1 billion ($2.6 billion) capital shortfall that European regulators identified last week at the troubled bank after it failed a comprehensive test of its financial health. ...
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