Monte dei Paschi Board to Discuss CEO's Future on Monday
03 Février 2022 - 8:36AM
Dow Jones News
By Cristina Roca
Banca Monte dei Paschi di Siena SpA said late on Wednesday that
its board has added an item concerning Chief Executive Officer
Guido Bastianini to the agenda for its meeting on Monday.
The Italian treasury, which controls the bank, is currently
negotiating with the European Union for the approval of Banca MPS's
restructuring plan and a deadline extension to reprivatize the
bank.
Bloomberg and Reuters have recently reported, citing unnamed
sources, that the treasury wants to replace Mr. Bastianini as
CEO.
Write to Cristina Roca at cristina.roca@wsj.com
(END) Dow Jones Newswires
February 03, 2022 02:21 ET (07:21 GMT)
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