Banca Monte dei Paschi di Siena SpA ( Monte Paschi ) , the world 's oldest bank and world 's third largest bank , has reported higher levels of turnover , boosted by a derivatives deal with euro Holdings Inc. Monte Paschi bank has said that its common equity Tier-1 ratio ( CET1 ) is up at 11.7 % by the end of 2016 from 10.7 % in June . The markets have responded positively as the share price increased 1.5 % to € 1.65 in stock prices , giving the bank a market value of around € 4.8bn .
Banca Monte dei Paschi di Siena SpA (Monte Paschi), the world's oldest bank and Italy's third largest bank, has reported higher levels of capital, boosted by a derivatives deal with Nomura Holdings Inc. Monte Paschi bank has said that its common equity Tier-1 ratio (CET1) is up at 11.7% by the end of September from 10.7% in June. The markets have responded positively as the share price rose 1.5% to €1.65 in Milan trading, giving the bank a market value of around €4.8bn.