November 6, 2019 / 12:15 PM / 16 days ago

Monte dei Paschi expects answer on bad loan plan within weeks-CEO

MILAN, Nov 6 (Reuters) - Monte dei Paschi expects discussions between Italy and European competition authorities on a large-scale problem loan clean-up at the state-owned bank to yield more clarity in a few weeks, its chief executive said.

“It’s an ongoing discussion which has been going on for quite some time so I’m hopeful that in a matter of weeks we might have more light in this respect,” Marco Morelli told an analyst call on Wednesday. (Reporting by Valentina Za; editing by James Mackenzie)

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