Friday, July 29, 2016

U.S. private equities behind UBS-Passera plan for Monte dei Paschi-source

MILAN, July 29 (Reuters) - Veteran Italian banker Corrado

Passera is presenting to the board of Monte dei Paschi

an alternative rescue plan which is backed by some U.S. private

equity funds and sponsored by Swiss bank UBS, a source

close to the matter said.

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