Italy to inject €1.6bn into MPS via rights offer

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Italy to inject €1.6bn into MPS via rights offer

Italy, Tuscany, Siena, Palazzo Salimbeni, Banca Monte dei Paschi di Siena, the oldest bank in the world

Monte dei Paschi di Siena has begun a turnaround plan involving a €2.5bn recapitalisation backed by the Italian government

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