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Banca Monte dei Paschi di Siena SpA

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  • Monte dei Paschi agrees sale of Biverbanca-CEO Monday, 1 Oct 2012 | 9:45 AM ET

    SIENA, Oct 1- Banca Monte dei Paschi di Siena. has agreed a deal to sell a 60 percent stake in Biverbanca to Cassa di Risparmio di Asti, chief executive Fabrizio Viola said on Monday. The sale of the stake had been held up by a row over Biverbanca's 2.1 percent shareholding in the Bank of Italy.

  • MILAN, Oct 1- The main shareholder of Banca Monte dei Paschi di Siena said on Monday it had sold on the market a 1.41 percent stake in the world's oldest bank. Monte Paschi, the country's third-biggest lender, was forced to request state aid in June to plug a capital shortfall and meet tougher European requirements.

  • Europe's Banks Face Challenge on Capital Monday, 6 Feb 2012 | 12:48 AM ET

    The European Banking Authority is to challenge a significant proportion of the capital restructuring plans put forward by the continent’s leading banks to meet tough new capital requirements, say three people familiar with the process, the Financial Times reports.