July 5, 2017 / 7:45 AM / 3 months ago

BRIEF-Monte dei Paschi CEO says no mergers planned, "no plan B on the table"

July 5 (Reuters) - Banca Monte Dei Paschi Di Siena CEO Marco Morelli tells analysts in a conference call:

* there are no mergers planned, there is no plan B on the table

* the lender said on Wednesday it expected to report a net profit of more than 1.2 billion euros ($1.4 billion) in 2021 as part of its restructuring plan approved by the European Commission. Further company coverage: (Reporting by Milan newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below