Monte Paschi Chairman To Decide In January On Possible Resignation

Must Read

Alessandro Profumo, chairman of troubled Italian lender Monte dei Paschi di Siena (BMPS.MI), said on Saturday he would decide whether to step down in January.

“These are decisions one takes in cold blood and in the right place, I have nothing to say,” Profumo told a shareholder meeting.

He said a board meeting of the bank was scheduled to be held in January and he would take his decision then.

Ask ZiVA 728x90 Ads

Speculation has been mounting that Profumo might quit because of a clash with the bank’s top investor over the timing of a vital capital increase.

REUTERS

THEWILL APP ADS 2
- Advertisement -spot_img
- Advertisement -spot_img
Latest News

UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
- Advertisement -spot_img

More Articles Like This

- Advertisement -spot_img