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Monte dei Paschi di Siena capital sinks to negative in EBA stress test

( July 30, 2021, 16:46 GMT | Official Statement) -- MLex Summary: Italy's Banca Monte dei Paschi di Siena would sink to having negative core-capital levels under the severe economic downturn modelled by the European Banking Authority. On some measures, the capital cushion sinks to minus 0.1 percent of risk-weighted assets by 2023, making the bank the worst performing of the 50 probed by the EU watchdog.Document attached....

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