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Axa: ready to support the recapitalization of Mps

The president and CEO of the French insurance giant said he was ready to contribute to the recapitalization of Mps, declaring himself confident about the new course undertaken by Profumo and Viola – On Italy: “I greatly respect Enrico Letta. In 2013 we invested 2 billion in Italian government bonds”.

Axa: ready to support the recapitalization of Mps

“We are ready to contribute to Montepaschi's capital increase”. The president and CEO of AXA Henri de Castries said it in an interview with Corriere della Sera: “We are ready to maintain our stake by contributing to the recapitalization of Montepaschi, because we are convinced that the restructuring plan will be successful and we support the excellent work of Allessandro Profumo and Fabrizio Viola”.

The president of the French insurance giant spoke more generally of the Italian situation, showing optimism about the country's economic prospects, despite the cases of Telecom and Alitalia: "We have faith in the country and in Enrico Letta's government: in 2013 we invested 2 billion in Italian government bonds". 

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