Italy's economy minister confident Monte Paschi plan will not be changed

September 10, 2016 11:17 AM

1 0

BRATISLAVA A capital raising plan for bank Monte dei Paschi (BMPS.MI) will not be modified by the lender after the resignation of its boss, Italy's economy minister said on Saturday.

"I hope the appointment of the new chief executive (of Monte dei Paschi) will happen very shortly," Pier Carlo Padoan told reporters in Bratislava after a meeting of European Union finance ministers.

Also read: Google Fiber Chief Craig Barratt Exits Amid Strategy Shift

Read more

To category page