Consob deems all Monte dei Paschi board slates valid
Italian regulator Consob confirmed all Monte dei Paschi board slates are valid. The ruling follows a dispute over a list supporting CEO Luigi Lovaglio.
Xurve View
Insights:
Xurve View
The market regulator in Italy has confirmed that all three slates of candidates for the board of Monte dei Paschi di Siena (MPS) are fully legitimate. This ruling by Consob follows a review of the competing lists submitted for the bank's upcoming leadership election.
