U.S. private equities behind UBS-Passera plan for Monte dei Paschi-source
July 29, 2016 at 05:26 AM EDT
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.