[Osem]

Italian lender Monte dei Paschi is facing a capital shortfall of €8.8bn (£7.5bn), higher than the €5bn previously estimated by the bank, the European Central Bank has said.
It comes after Italy approved a €20bn fund to prop up its embattled banking sector on 23 December.
Monte dei Paschi had asked for a capital injection to stay afloat.
It is carrying a mountain of bad loans made to customers who cannot afford to repay them.
In a statement from the bank on Monday, it confirmed it had officially asked the ECB to go ahead with a "precautionary recapitalisation".
This will entail a forced conversion of the bank's junior bonds - many of which are held by small investors - into shares.
'Deteriorated rapidly'
It also permits the government to buy shares or bonds on market terms endorsed by EU state aid officials.
In response, the ECB said it had calculated the capital it believed that the bank needed, based on an EU stress test of large lenders earlier this year.

http://www.bbc.co.uk/news/business-38442342

Dr Andreas Hoepner, associate professor at the Henley Business School, told BBC Radio 4's Today programme that trust in the bank, which now has a market capitalisation of less than €500m, had "deteriorated significantly".
He also questioned whether enough funds would be available to other struggling banks, given that Monte dei Paschi could use up almost half of the agreed €20bn support fund.
"We hope not too many other lenders will need support, but we don't know for sure," he said.
"The question is, is the €20bn the full sum or might the Italian government request more at a later stage?"

Yeah let's stay part of this club...