MILAN (Reuters) – Italy must present the European Commission with a plan for its exit from lender Monte dei Paschi (BMPS.MI) by 2019, Chief Executive Marco Morelli told daily Corriere della Sera. Last year, the Commission and Italy reached a pact on a state ba... More »
A logo of Monte dei Paschi di Siena bank is seen on the ground in Siena, Italy, November 5, 2014. REUTERS/Giampiero Sposito/File Photo Monte dei Paschi di Siena (BMPS.MI) said Italian market regulator Consob had approved its debt-to-equity conversion offer whi... More »
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