Difficult negotiation between Siena and Brussels on the redundancies of Monte dei Paschi: the Morelli plan provides for 2.600 between now and 2019 but the EU is asking for double to give the green light to the recapitalization and entry of the Treasury -…
The meeting of the Sienese banking group has opened. There is no quorum and the extraordinary one that should have eliminated the residual losses (2 billion) and reduced the number of directors is missing
The shareholders' meeting of Monte dei Paschi, the last one chaired by Massimo Tononi (he will be replaced by Alessandro Falciai), decreed with a majority of 96% the yes to the new capital increase of 5 billion, developed by JP Morgan …
While awaiting the shareholders' meeting, set for November 24, the market is betting on CEO Morelli's ability to find one or more investors willing to enter the Sienese bank's capital
Tomorrow the new CEO of Monte dei Paschi, Marco Morelli, will bring the Sienese bank's new industrial plan to the examination of the board of directors, which will be focused on cutting costs and increasing profitability, which will be presented on Tuesday at the market - The…
The new CEO, Marco Morelli, announces that the Monte dei Paschi plan will change by October and that holders of subordinated bonds will be offered the possibility of voluntarily converting them into shares - At the end of November, the assembly for the approval of…
The Sienese bank's board of directors has appointed Marco Morelli as the new managing director and general manager in place of Fabrizio Viola, while the president Tononi has resigned - To the former CEO over 3 million gross severance pay - Morelli…
