Intesa rules out Italian acquisitions

(ANSA) - Rome, October 31 - Giovanni Bazoli, the chairman of the supervisory board of Intesa Sanpaolo, on Friday ruled out the possibility of Italy's biggest bank acquiring another domestic lender. There has been speculation that Monte Paschi di Siena will merge with another Italian bank after failing the European Central Bank's stress tests. The ECB said MPS has a capital shortfall of around 2.1 billion euros to fix. "We are certainly not interested in buying other banks on the domestic scene," Bazoli said.