April 11, 2019 / 9:14 AM / 12 days ago

Italian bank Monte dei Paschi ponders possible tie-ups

FILE PHOTO: People are seen inside a Monte dei Paschi di Siena bank in Rome, Italy August 16, 2018. REUTERS/Max Rossi

SIENA, Italy (Reuters) - State-controlled Italian lender Monte dei Paschi di Siena always keeps in mind the potential for tie-ups with other banks, Chief Executive Marco Morelli said on Thursday.

Speaking at the bank’s annual shareholder meeting, he said: “The board considers strategic opportunities, analysing possible tie-ups or changes in size which are then up to the shareholders to decide.”

Reporting by Stefano Bernebei; Editing by Mark Bendeich

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