Monte Paschi Plan Capital Increase Amid Stock Slide

Monte Passkey, an Italian bank, plans to raise capital to address a €2.1 billion shortfall identified by ECB stress tests. Speculation arose about potential stock and asset sales, and the bank's response indicated a focus on a capital increase through stock sales. Legal issues from past management continue to impact the bank, highlighting ongoing challenges beyond economic difficulties.

What actions did Monte Passkey take to quell rumors regarding their financial strategies?

In what ways might the legal issues of Monte Passkey impact its current operations?