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Banca Monte dei Paschi di Siena SpA Doubles Planned Capital Hike To EUR2.5 Billion-Reuters

Sunday, 8 Sep 2013 09:54pm EDT 

Reuters reported that Banca Monte dei Paschi di Siena SpA will seek EUR2.5 billion ($3.3 billion) in fresh capital from investors, more than double its original plan, under a new bailout to shore up the loss-making bank, the economy ministry said.