The restructuring, if approved by shareholders, would involve hiving off bad loans into a securitization vehicle and the sale of up to $5.6 billion of shares.
UBS sent a letter to Monte dei Paschi outlining a possible bailout plan.
Barclays' core business is performing well, but overall profits are being dragged down by non-core division losses.
Shares of MasterCard were on the rise Thursday after reporting a higher-than expected profit.
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Hawkish Fed governors have their opportunity to make the case for higher rates after this recent slew of positive economic news, says Jim Cramer.
The German bank suggests that worries about its capital strength are unjustified, but the market is not so sure.
Earnings plunge 98% but analysts had expected the company to swing into the red.
Quarterly revenue plunges by a fifth at the German lender.