15-05-2017 15:06 via uk.finance.yahoo.com

ECB's Nouy flags 'additional discussions' about Monte dei Paschi losses

By Francesco CanepaFRANKFURT (Reuters) - A failure to review Monte dei Paschi di Siena's assets before stress tests last year is opening up "additional discussions" about whether private money covers all losses it incurred, the European Central Bank's chief supervisor said on Monday.Based on the stress test result, the ECB - as the euro zone's top banking watchdog - set Monte dei Paschi'scapital shortfall at 8.8 billion euros (£7.4 billion) in December, when the struggling Tuscan bank appl
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