London, 26 June 2014 -- Moody's Investors Service has today upgraded Banca Monte dei Paschi di Siena SpA's (MPS) long-term senior debt and deposit ratings to B1 from B2. Moody's also raised MPS's baseline credit assessment (BCA) to caa2 from caa3, within the standalone E bank financial strength rating (BFSR) category, which resulted in an upgrade of the bank's subordinated debt rating to Caa3 from Ca.
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