MPS scraps investor meetings over new strategy after board votes to oust CEO, sources say

Source: Reuters (via feed)




Monte dei Paschi di Siena CEO Luigi Lovaglio has cancelled investor meetings. These meetings were scheduled to discuss the strategy for the combined MPS-Mediobanca banking group. Lovaglio unveiled this strategy at the end of February. Two sources close to the matter confirmed the cancellations.

BizTrendWire Insight:

The cancellations affect planned investor communications on MPS’s combined group strategy.


Read full story on Reuters

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