MILAN (Reuters) - Italian lender Carige’s (CRGI.MI) Chief Executive Paolo Fiorentino says in an interview with L’Economia-Corriere della Sera:
- The lender will likely call a shareholders’ meeting to appoint a chairman and deputy chairman after August.
- Asked whether the meeting could be an occasion for new shareholders to claim a seat in the board, Fiorentino says “frankly I do not know what will happen”.
- The recent boardroom row, made public with the exit of Chairman Giuseppe Tesauro last week, “could have had some negative influence” on the bank.
- Bank has had an offer for some 400 million euros (353.57 million pounds) in unlikely-to-pay loans, with a July 26 deadline, as well as some other binding offers.
- Carige is efficient regarding costs but “needs to do more” with respect to revenues.
Reporting by Giulia Segreti, editing by Louise Heavens