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BMDPF / Monte dei Paschi set to name veteran banker Lovaglio as CEO, sources say

Monte dei Paschi set to name veteran banker Lovaglio as CEO, sources say
Italy's Monte dei Paschi di Siena (MPS) could name a new chief executive as early as Monday after the state-owned bank's nomination committee proposed the former head of Poland's Bank Pekao for the job, sources said. Read More
Posted: Feb 5 2022, 10:16
Author Name: Reuters
Views: 110822

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Italy to pick advisers to cut Monte dei Paschi stake

By Reuters
October 6, 2023

Italy to pick advisers to cut Monte dei Paschi stake

Italy on Friday kicked off the process to pick financial and legal advisers to help the economy ministry find the best way to cut its controlling stak more_horizontal

Italy will cut Monte dei Paschi stake in its own time- economy minister

By Reuters
September 3, 2023

Italy will cut Monte dei Paschi stake in its own time- economy minister

Italy's Treasury will cut its stake in bailed-out bank Monte dei Paschi di Siena (MPS) in its own time and won't be pressured, Economy Minister Gianca more_horizontal

Italy's Monte dei Paschi profits rise tenfold, top forecast

By Reuters
August 4, 2023

Italy's Monte dei Paschi profits rise tenfold, top forecast

State-owned Monte dei Paschi di Siena on Friday became the latest Italian bank to post above-forecast earnings for the second quarter as higher rates more_horizontal

Monte dei Paschi shares tumble as BPER rules out merger

By Reuters
June 9, 2023

Monte dei Paschi shares tumble as BPER rules out merger

BPER Banca is not interested in merging with rival Banca Monte dei Paschi (MPS) BMPS.MI, the chief executive of Italy's fourth-largest bank said on Fr more_horizontal

Italy to hand Monte dei Paschi CEO Lovaglio new mandate - sources

By Reuters
March 25, 2023

Italy to hand Monte dei Paschi CEO Lovaglio new mandate - sources

Italy's Treasury is set to hand veteran banker Luigi Lovaglio a new mandate as chief executive of state-owned lender Monte dei Paschi di Siena , two p more_horizontal

ECB sets capital requirements for Monte dei Paschi for 2023, removes dividend ban

By Reuters
December 27, 2022

ECB sets capital requirements for Monte dei Paschi for 2023, removes dividend ban

The European Central Bank has set the minimum capital requirements for Banca Monte dei Paschi di Siena (MPS) for next year and also removed a ban on t more_horizontal

Monte dei Paschi could raise needed cash in steps - paper

By Reuters
August 21, 2022

Monte dei Paschi could raise needed cash in steps - paper

Italy's Monte dei Paschi di Siena may raise a much needed 2.5 billion euros ($2.5 billion) in steps, Italian daily La Repubblica reported on Sunday, a more_horizontal

Monte dei Paschi posts quarterly profit as it works to cut bad loans

By Reuters
August 5, 2022

Monte dei Paschi posts quarterly profit as it works to cut bad loans

State-owned Italian bank Monte dei Paschi di Siena (MPS) posted a 17.5 million euro ($18 million) second-quarter profit after loan writedowns needed t more_horizontal


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