Tension rises ahead of Monte Paschi meeting on cash call

SIENA, Italy (Reuters) – Tensions at troubled Monte dei Paschi di Siena grew on Friday with sources saying Chairman Alessandro Profumo may quit if the Italian bank’s top investor slaps him on the face by delaying a vital 3 billion euro ($4.11 billion) capital hike.

Link to article: feeds.reuters.com/~r/reuters/businessNews/~3/fCN7Oj9Rx3Y/story01.htm


Leave a Reply

Your email address will not be published. Required fields are marked *