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Mps, Tononi makes his debut: yes to the merger, but at the moment no proposal

The new president Massimo Tononi in the presentation press conference affirms that he will personally spend himself to achieve the aggregation requested several times by the ECB, but he specified that at the moment there is no "concrete proposal".

Mps, Tononi makes his debut: yes to the merger, but at the moment no proposal

There is none today no "concrete proposal" for aggregation with Monte dei Paschi, but the new president Massimo Tononi in the presentation press conference affirms that he will personally spend himself to make it happen. Tononi reveals that he already made a courtesy visit to the ECB last week that he “hasn't changed his mind about the Rocca Salimbeni bank. The aggregation will have to be done”. Even if the times don't seem so ripe.

The Mps share on the Stock Exchange accelerated downwards after the intervention of the new president: first stopped in the volatility auction when it lost 4,6%, then in further dive until approaching -7%, at 1,513 euros per share, just over half an hour after the close of trading.

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