Exclusive: Monte Paschi eyes BPM merger as Italy's Treasury prepares exit - sources

Banca Monte dei Paschi di Sienais exploring merger options, including with Banco BPM , while Italy's Treasury Ministry has drafted a decree to sell its controlling stake in the bailed-out bank, two sources told Reuters.Rome owns 68% of the Tuscan bank following an 8-billion euro ($8.96 billion) rescue in 2017 and has promised the European Commission it will re-privatise the bank next year.The Treasury has drafted a decree, which requires the backing of Prime Minister Giuseppe Conte, authorising