30-10-2020 21:01 via uk.finance.yahoo.com

Italy's Monte dei Paschi weighs capital boost options - sources

State-owned Italian bank Monte dei Paschi (MPS)is weighing options to boost its capital to withstand higher provisions against legal risks and the cost of a bad loan clean-up, three sources close to the matter said.Loss-making and burdened by 10 billion euros in legal claims, MPS has failed to lure buyers given Rome's reluctance to shield them from legal risks despite the Treasury pushing for a re-privatisation.In a bid to ease that process, MPS is due to complete an 8.1 billion euro ($9.5 billi
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