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Mps Foundation, Consob and GdF inspection in Siena

The operation was launched this morning and, according to what we learn, may have been triggered by the marked rise in the stock, with high trading, at the beginning of March - After the rally, the Foundation had sold, with closed markets, 12% of the institute's shares (1,4 billion shares for 335 million euro).

Mps Foundation, Consob and GdF inspection in Siena

Inspections of officials Consob and Guardia di Finanza in the headquarters of Monte dei Paschi Foundation in Siena. At Palazzo Sansedoni, among others, the president Antonella Mansi is present, because today the administration deputation and the general one of the Foundation were also scheduled. 

The operation was launched this morning and, according to what we learn, could have been triggered by the marked rise in the share, with high trading, at the beginning of March. Today, at the end of the morning, Mps shares lost 0,6%, 0,2336 euros. 

Last week, the Sienese institution fell to 15% in the capital of Banca Mps. After the stock rally, the Foundation had sold, on closed markets, 12% of the institute's shares (1,4 billion shares for 335 million euros), with the aim of paying off the debt of 340 million owed of the pool of banks which had enabled it to participate in the Bank's capital increase in the summer of 2011.

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