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CONSOB 'talking' to MPS, Passera (2)

Over alternative proposal to rescue Tuscan lender

Redazione Ansa

(ANSA) - Milan, November 2 - Bourse regulator CONSOB on Wednesday told ANSA it is "talking with all those involved" following a breakdown in talks on Tuesday between Banca Monte Paschi di Siena (MPS) and former industry minister Corrado Passera over the alternative proposal presented by the banker to rescue the troubled lender. MPS is being rescued after failing a European stress test because of its high amount of non-performing loans (NPLs).


   

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