Monte Paschi Falls Short as EU Lenders Boost Capital in Crisis

Monte Paschi Falls Short as EU Lenders Boost Capital in Crisis

Alessia Pierdomenico/Bloomberg

Banca Monte dei Paschi di Siena SpA and banks in Cyprus and Slovenia failed to meet capital requirements set by European regulators as lenders raised more than 200 billion euros ($258 billion) in an effort to bolster investor confidence.