Monday, December 26, 2016

ECB tells Monte dei Paschi to raise $9.2 billion: sources

MILAN (Reuters) - The European Central Bank has told Banca Monte dei Paschi di Siena it needs to plug a capital shortfall of 8.8 billion euros ($9.2 billion) higher than a previous 5 billion euro gap estimated by the bank, two sources close to the matter said on Monday.

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