BOJ frets about real estate lending boom, watchful of bubble risk

TOKYO (Reuters) - The Bank of Japan said on Monday it is closely monitoring bank lending to the real estate sector to guard against excessive credit that could lead to overheating and pose risks to financial stability.


Italy's Monte dei Paschi set to approve business plan

MILAN (Reuters) - Italy's Monte dei Paschi di Siena <BMPS.MI> prepared to unveil a capital-boosting and business plan on Monday under new chief Marco Morelli, as its shares extended a week-long rally buoyed by the prospect of an alternative rescue scheme.

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