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Watchdog extends suspension of Monte Paschi shares, securities
December 23, 2016 / 4:59 PM / in 10 months

Watchdog extends suspension of Monte Paschi shares, securities

MILAN (Reuters) - Italy’s market watchdog Consob said on Friday Monte dei Paschi di Siena’s (BMPS.MI) shares and securities will be suspended from trading until the conditions of a state bailout for the country’s third biggest bank become clear.

Monte dei Paschi earlier on Friday it was asking for government support after its privately-funded 5 billion recapitalisation plan failed.

Reporting by Silvia Aloisi, editing by Valentina Za

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