UPDATE 1-Italy's UBI Banca says no merger talks with Monte Paschi

April 14, 2015 3:51 PM

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* No talks with Monte dei Paschi for now - UBI CEO (Adds details, background, sources)

MILAN, April 14 (Reuters) - The chief executive of UBI Banca said on Tuesday there were no contacts with Monte dei Paschi di Siena over a possible tie-up and said he was in no rush to take part in industry consolidation.

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