<div>UPDATE 1-Italy's Monte dei Paschi launches 300 mln euro subordinated bond</div> <!-- no image --> <div>Italy's Banca Monte dei Paschi sold on Tuesday a long-awaited subordinated bond to shore up its capital but had to pay a high price compared to its peers.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=xh-lPXU_iVs:fkOjNFvQRl8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=xh-lPXU_iVs:fkOjNFvQRl8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=xh-lPXU_iVs:fkOjNFvQRl8:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=xh-lPXU_iVs:fkOjNFvQRl8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=xh-lPXU_iVs:fkOjNFvQRl8:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/xh-lPXU_iVs" height="1" width="1" alt=""></div> Posted by Reuters