SIENA, Italy, April 12 The chairman of Banca
Monte dei Paschi di Siena said on Wednesday a quorum
had not been reached to proceed with an extraordinary
shareholders meeting (EGM) called to reduce capital to cover
Alessandro Falciai said shareholders representing just 16.3
percent of the bank's capital were present, short of the fifth
of capital needed to hold the EGM.
In a reply to a shareholder question, the bank said it had
received damage claims after December 31 for 522.8 million
euros, bringing total claims to 640 million euros.
It said it had already made provisions for the claims.
(Reporting by Stefano Bernabei, writing by Stephen Jewkes;
Editing by Crispian Balmer)