Monte Paschi approves increasing size of capital increase to 5 billion euros
April 18, 2014 at 08:55 AM EDT
MILAN (Reuters) - The board of Italy's Monte dei Paschi di Siena approved increasing the size of a planned capital increase to 5 billion euros ($6.9 billion) from 3 billion euros to absorb any potential loss stemming from a European health check of lenders.