FOXBusiness.com: Italian Lender Puts $3.65 Billion as Collateral

FOXBusiness.com FOX Business Network - The Power to Prosper

Italian Lender Puts $3.65 Billion as Collateral Apr 25th 2013, 00:37 Italian lender Banca Monte dei Paschi di Siena SpA (BMPS.MI) said late Wednesday it had to place just over 2.8 billion euros ($3.65 billion) as collateral for two loss-making derivatives transactions at the center of a fraud investigation.

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