Reuters: Global Markets: Monte Paschi shares dive 7 percent on back of results

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Monte Paschi shares dive 7 percent on back of results Mar 29th 2012, 10:33 MILAN | Thu Mar 29, 2012 6:33am EDT MILAN (Reuters) - Shares in Monte dei Paschi di Siena (BMPS.MI) extended losses on Wednesday around midday after Italy's third biggest bank posted a bigger than expected 4.69 billion euros loss in 2011 as it cleaned up a balance sheet hit by the euro zone debt crisis. By 1017 GMT, the stock was suspended and indicated down 7.09 percent at 0.3354 euros.

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