(ANSA) - Milan, October 25 - Monte dei Paschi di Siena
said Tuesday that its board has called an extraordinary
shareholders' meeting on November 24 to approve a capital
increase of five billion euros as part of a new business plan.
The plan to save the troubled bank also features the
shedding of 2,600 jobs and the closure of 500 branches.
MPS set for 5-bn capital increase (2)
500 branches to close as part of plan to save troubled bank