MPS CEO confirms Mediobanca merger plan remains on track
MPS CEO Luigi Lovaglio says the Mediobanca merger plan will continue. He told investors today the plan stands despite upcoming leadership changes in April.
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The Chief Executive of Monte dei Paschi di Siena (MPS), Luigi Lovaglio, has sought to reassure investors that the strategic vision for the combined group with Mediobanca Banca di Credito Finanziario S.p.A. will remain intact despite upcoming changes in leadership. Speaking at a financial conference hosted by Morgan Stanley in London, located in the United Kingdom, Lovaglio addressed concerns regarding the bank's future governance.
