Consob monitoring MPS (2)

(ANSA) - Rome, July 29 - Italian stock market regulator Consob is monitoring information flows and market performance relative to Monte dei Paschi di Siena (MPS), ANSA learned on Friday. T he news emerged as shares in the struggling Italian lender rose by more than 7% in response to an offer made on Thursday evening by private investors including Swiss banking giant UBS and former Intesa Sanpaolo head and ex-minister Corrado Passera.
    The plan would be an alternative to a proposal made by MPS to the European Central Bank (ECB) for approval, involving a five-billion-euro capital increase and the securitization of 10 billion euros' worth of non-performing loans (NPLs) with help from Italy's private Atlante fund.