Meanings of tuscan lender in English

But looking past the risks, there would be logic to swooping on the Tuscan lender.

Raising cash would allow the Tuscan lender to pay back the state loans and avoid nationalisation.

The Italian premier chose not to haircut the Tuscan lender's debt for fear of losing a crucial referendum.

The Tuscan lender, which is seeking to raise 5 billion euros this month, is expected to need state aid.

Earlier on Tuesday, government adviser Yoram Gutgeld said Italy was counting on the markets to help the Tuscan lender.

Some bankers say the government could seize the opportunity to bolster other ailing Italian banks, not just the Tuscan lender.

The European Central Bank has told the Tuscan lender to merge with a stronger rival to boost its capital base.

Brussels has also demanded that the Tuscan lender carries out a 2.5 billion euros capital increase in 2014.

The Tuscan lender, the world's oldest bank, said in a statement the derivative contract was one of several structured transactions it was reviewing.

Shares in the troubled Tuscan lender rose more than 30 percent on Monday and closed up 28.3 percent.

The writedowns by the Tuscan lender, which is undergoing a radical transformation under a new management, totaled 4.51 billion euros.

Raising cash would allow the Tuscan lender to pay back 70 percent of the bailout in 2014 and avoid nationalization.