(Finance) – Monte dei Paschi di Siena Bank announced that, in the context of the next Board of Directors scheduled for Monday 7 February, an item concerning a Corporate Governance verification concerning the figure of the chief executive officer and general manager Guido Bastianini. The brief note from the Sienese bank comes after days in which there have been rumors about the pressure of the Ministry of Economy and Finance for the CEO to resign.
The Treasury may also decide to sell some branches of the bank even before finding a buyer for the entire perimeter, according to sources familiar with the matter. Italy is currently discussing with DG COMP a new restructuring plan for MPS and a new deadline after the failed talks with UniCredit last year.