Monte bonds seesaw amid new capital concerns

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Monte bonds seesaw amid new capital concerns

Tyler Davies
November 03, 2020 12:00 PM
Monte_dei_Paschi_PA_575x375_031120
(dpa) - The picture shows the entrance to the Bank Monte dei Paschi in Siena, Italy, 31 October 2005. The bank was founded in 1624 by order of Ferdinand II. who wanted to support agriculture with credits. Soon the bank became a major pillar of Siena's wealth. The bank is now one of the world's oldest money institutes. Photo: Lars Halbauer | usage worldwide | Lars Halbauer/DPA/PA Images

Trading in Banca Monte dei Paschi di Siena’s tier twos has heated up this week, following reports the Italian lender is looking for a new capital raise as well as a merger deal.

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ItalyBank CapitalEuropeUniCreditRegulatory CapitalEMEAFIG
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Tyler Davies
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