MPS CEO says plan for combined group with Mediobanca stands even with management changes

Source: Reuters (via feed)




Monte dei Paschi di Siena Chief Executive Luigi Lovaglio on Thursday sought to reassure investors. He said the strategy for the combined group with Mediobanca would continue despite management changes.

Lovaglio emphasized that the outlined plan would stand even if there are shifts at the helm.

BizTrendWire Insight:

The CEO’s statement provides a direct update on the status of the combined group strategy with Mediobanca. This information is relevant for investors monitoring MPS.


Read full story on Reuters

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