Monte grabs funding amid growing chances of a merger

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Monte grabs funding amid growing chances of a merger

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The exterior of the Italian bank Monte dei Paschi di Siena (MPS) in Rome, Italy, 07 February 2017. Photo: Lena Klimkeit | Lena Klimkeit/DPA/PA Images

Banca Monte dei Paschi di Siena found plenty of demand for a new senior bond in the euro market on Tuesday, aided by growing speculation about the possibility of a merger with UniCredit.

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