December 9, 2016 / 12:39 PM / 8 months ago

EXCLUSIVE-ECB rejects Monte Paschi's request for more time to raise capital-source

Dec 9 (Reuters) - The European Central Bank has rejected a request by Monte dei Paschi di Siena for more time to raise capital, a source said on Friday, in a move that piles pressure on the Italian government to step in and rescue the ailing lender.

Reporting by Reuters bureaus; Writing by Silvia Aloisi; Editing by Mark Bendeich

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