Watchdog extends suspension of Monte Paschi shares, securities December 23, 2016

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Watchdog extends suspension of Monte Paschi shares, securities December 23, 2016
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 recapitalization plan failed.

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