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Home>UPDATE: Monte dei Paschi to raise 5 billion euros

UPDATE: Monte dei Paschi to raise 5 billion euros

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Fri, 18 Apr 2014

By Giovanni Legorano MILAN--The board of troubled Italian lender Banca Monte dei Paschi di Siena SpA on Friday decided to raise the amount of a coming share sale to EUR5 billion ($6.91 billion), from EUR3 billion previously planned. The bank said in a statement it has called a shareholders' meeting
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