Monte dei Paschi to launch debt conversion after Nov. 24

MILAN (Reuters) - Italy's Monte dei Paschi di Siena expects to offer to convert some of its subordinated debt into equity after a Nov. 24 shareholder meeting, called to approve a 5 billion euro ($5.4 billion) share issue, the bank's chief financial officer said.

Monte dei Paschi to launch debt conversion after Nov. 24
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