UPDATE 1-Monte dei Paschi pushes back capital strengthening plans

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By Alexdemarco in Business
Updated 3 years ago

MILAN, May 6 (Reuters) - Bailed-out Italian bank Monte dei Paschi on Thursday said it faced a smaller-than-expected capital shortfall and pushed back capital strengthening plans to the first half of 2022 at the latest. The state-owned bank had said it would seek a merger with a stronger peer or...

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