Sabato, 22 Settembre 2018

New MPS management 'has nothing to do with proceedings'


(see related)
Milano, August 23 - Troubled lender Monte dei
Paschi di Siena (MPS) said Friday that its current management
"has nothing to do with proceedings" related to Japanese
investment bank Nomura or MPS's purchase of rival bank
Earlier Friday, consumer association Codacons said it filed
a report to Italy's stock market watchdog Consob in February
against the current management of MPS, in which it claims it
provided "incorrect or only partially complete" information
about the financing of its Antonveneta acquisition, as well as a
state-debt transaction the lender executed with Nomura.
Current Chairman Alessandro Profumo and CEO Fabrizio Viola
said they were taking legal action.

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