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Banca Monte dei Paschi di Siena SpA

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  • ANALYSIS-Euro strength here to stay, unless ECB steps in Wednesday, 16 Apr 2014 | 10:55 AM ET

    *Money printing in U.S., Japan piles pressure on euro. LONDON/ FRANKFURT, April 16- Many of the factors driving the euro exchange rate to levels that have set off alarm. bells at the European Central Bank are unlikely to go away on.

  • Wind of change starts blowing at Italian companies Wednesday, 16 Apr 2014 | 10:29 AM ET

    *Corporate governance improving in Italy. MILAN, April 16- Eager to attract foreign investors as it slowly emerges from its longest recession in 70 years, cash-strapped Italy Inc. is taking the first steps to end decades of opaque management and shoddy governance.

  • MILAN, April 4- The former controlling shareholder in Monte dei Paschi di Siena said on Friday it and two new Latin American investors in Italy's third biggest bank had committed to not selling their respective holdings for at least 16 months.

  • MILAN, April 3- U.S. fund manager BlackRock, which has been on a shopping spree in Italy over the past six weeks, is now the biggest shareholder in Italian cooperative lender Banco Popolare with a 6.85 percent stake.

  • *Italian banks rally on Popolare, Monte Paschi boost. Italian mid-tier banks Banco Popolare and Monte Paschi were among top risers on the STOXX Europe 600 index, up 15.8 percent and 4.9 percent respectively, compared with a 0.2 percent rise for the whole index.

  • *Italian banks rally on Popolare, Monte Paschi boost. Italian mid-tier banks Banco Popolare and Monte Paschi were the top risers on the STOXX Europe 600 index, surging 9.9 percent and 7.6 percent respectively compared with a 0.4 percent rise for the whole index.

  • European shares extend gains, Novartis rallies Monday, 31 Mar 2014 | 7:45 AM ET

    *Novartis rises on positive results for heart drug. LONDON, March 31- European equities hit a three-week high on Monday, with Novartis stronger due to good results for its heart drug and miners performing well on expectations that China might stimulate its economy.

  • *Euro zone's Euro STOXX 50 index sets 5-1/ 2- year peak. LONDON, March 31- European equities rose for a fifth straight session to a three-week high on Monday on growing speculation that the European Central Bank could ease its policy and China might take steps to stimulate its economy.

  • *Monte Paschi is Siena is world's oldest bank. ROME/ MILAN, March 19- In just six months, Antonella Mansi has cut the umbilical cord that for 500 years united Monte dei Paschi di Siena to its medieval home town.

  • Deals of the day- Mergers and acquisitions Tuesday, 18 Mar 2014 | 4:00 PM ET

    **Societe Generale, France's No. 2 listed bank, said it would offer to buy out minority holders of its online bank brand Boursorama, as it seeks to grow the business despite France's weak economic outlook.

  • ECB review forces Italian banks to face up to reality Wednesday, 12 Mar 2014 | 12:04 PM ET

    *Italy no longer cause for alarm among foreign investors. Italy's largest bank by assets UniCredit and troubled lender Monte dei Paschi di Siena this week announced the write-downs- of 13.7 billion and 2.75 billion euros respectively- as they prepare for an industry-wide health check that European lenders are undergoing this year.

  • review@ MILAN, Feb 20- Italian banks, burdened by 156 billion euros in gross bad debts and twice that amount in doubtful loans, are under the spotlight in an asset review of euro zone lenders conducted by the European Central Bank this year. The ECB review targets the top 15 among Italy's 690 banks.

  • Experts say banks face write-downs of 20- 25 bln euros. By Valentina Za and Silvia Aloisi. MILAN, Feb 20- A drive by Italian banks to come clean on bad loans during a European bank health check may force them to raise as much as 20 billion euros in capital, three times more than that pencilled in so far, to shore up their balance sheets.

  • MILAN, Feb 20- Italian banks, burdened by 156 billion euros in gross bad debts and twice that amount in doubtful loans, are under the spotlight in an asset review of euro zone lenders conducted by the European Central Bank this year. The ECB review targets the top 15 among Italy's 690 banks.

  • *Experts say banks face write-downs of 20- 25 bln euros. MILAN, Feb 20- A drive by Italian banks to come clean on bad loans during a European bank health check may force them to raise as much as 20 billion euros in capital, three times more than that pencilled in so far, to shore up their balance sheets.

  • MILAN, Feb 14- Ratings agency Moody's lifted on Friday its outlook on Italy's credit rating to' stable' from' negative', the first signal of a possible change in sentiment towards the country's sovereign debt since the start of the euro zone crisis.

  • SIENA, Jan 29- Former top managers at Banca Monte dei Paschi di Siena denied on Wednesday that they hid the true nature of a 2009 derivatives trade with Nomura that prosecutors say was used to conceal losses at Italy's third-biggest bank.

  • LONDON/ PARIS, Jan 10- Spanish, Italian and Portuguese equities have been star performers in 2014 so far, but not everyone is convinced, and bets on a future retreat in the euro zone periphery are rising.

  • VIENNA, Jan 9- Austria's Raiffeisen Bank International has kicked off a year of capital raising by European banks keen to convince regulators and investors that they are robust enough to weather any more financial storms.

  • LONDON, Dec 30- World stocks were putting the finishing touches to a bumper year on Monday, steady at a six-year peak as rising benchmark bond yields and commodity prices underscored expectations of firmer global growth in 2014. Wall Street was set for a quiet start to its final full session of 2013- its best year since 1997, with a near 30 percent gain.

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