Scandal-hit Monte Paschi seeks new investor to revive bank

Scandal-hit Monte Paschi seeks new investor to revive bank

By hulio777 on from www.reuters.com

Italian bank Monte dei Paschi di Siena is seeking a financial investor to help revive the ailing lender and will remove a current cap on voting rights to help raise 1 billion euros ($1.3 billion), its chairman said.
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