BANCA MONTE DEI PASCHI DI SIENA S.P.A. ROME (Reuters) - Banca Monte dei Paschi di Siena's (>> Banca Monte dei Paschi di Siena SpA) top management met Italy's economy minister and representatives from investment banks JPMorgan and Mediobanca in Rome on Friday, a Treasury source said.
The struggling bank asked the European Central Bank for an extension to a capital-raising plan, but a source told Reuters on Friday that the central bank rejected the request.
That increases pressure on the government to intervene to save Monte Paschi, Italy's third-biggest bank, from being wound down. JPMorgan and Mediobanca must decide whether to back the cash call.
(Reporting by Giuseppe Fonte, writing by Isla Binnie, editing by Steve Scherer)
Stocks treated in this article : JPMorgan Chase & Co., Mediobanca Group, Banca Monte dei Paschi di Siena SpA
