Mediobanca, clash between foundations and funds for a seat on the board of directors: Roversi Monaco against Giavazzi

And clash it is. The mediation promoted by the president of Assogestioni (the Confindustria of mutual funds), Domenico Siniscalco failed, the banking foundations and the funds present in the capital of Mediobanca will compete in an open field, at the next meeting on 28 October, to win the only seat on the board of administration of the merchant bank of Piazzetta Cuccia reserved for minorities. Siniscalco had proposed that the votes of the two sides converge on the candidacy of the Bocconi economist, Francesco Giavazzi. The Cariverona and Crt Foundations had declared themselves available, but the Carisbo Foundation - which aims to have its president Fabio Roversi Monaco elected - responded spadely. And now it's a clash on split lines and candidacies. Predictions say that the funds will gather more consensus in the assembly and will be able to elect Giavazzi but Roversi Monaco won't give up. On the 28th the outcome of the challenge.