MPS's problems don't scare Axa, a shareholder of the Sienese institute with 3,6% of the capital and an insurance partner. To say it is the CEO of the French group Henri de Castries, during the press conference to present the 2012 results: “Our business with MPS is developing well in terms of volume and results”.
La Axa Mps insurance joint venture, in fact, "in 2012 achieved a record profit", bringing only the portion pertaining to Aca to 72 million. Still on Banca Montepaschi, de Castries said he was confident that the new management could “put these problems behind us so that the bank can resume its development.
