Monte dei Paschi ups provisions after former executives' conviction

Italy's bailed-out lender Monte dei Paschi(MPS) on Thursday decided to raise provisions against legal risks following the conviction of three former executives, in the latest blow to its fragile finances.Italy in August earmarked up to 1.5 billion euros ($1.8 bln) to help the bank, of which it owns 68%.The Treasury had hoped to use the funds to ease a merger, but now a direct capital injection is also a possibility, two sources close to the matter said.