Keywords: Monte dei Paschi di Siena


Norges fund backs Lovaglio’s re-election as CEO of Monte Dei Paschi

Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), has announced its support for the re-election of Luigi Lovaglio as Chief Executive Officer of the Italian bank Monte dei Paschi di Siena. NBIM, one of the largest institutional investors in Europe, held a 2.87% stake in......

ECB raises concerns over banking experience of MPS CEO candidate

The European Central Bank (ECB) has expressed reservations بشأن the professional background of the candidate proposed to lead Monte dei Paschi di Siena (MPS), according to a source familiar with the matter. The concerns focus on whether the nominee has sufficient banking experience to head one of......

Italian watchdog validates all board nominations at Monte dei Paschi

Italy’s financial markets regulator has reportedly confirmed the legitimacy of all candidate lists submitted for the upcoming board renewal at Banca Monte dei Paschi di Siena, according to a source familiar with the matter. The decision by Commissione Nazionale per le Società e la Borsa......