Monte dei Paschi secures majority of Mediobanca - report

5 hours ago 1
Monte dei Paschi di Siena Bank

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Banca Monte dei Paschi di Siena (OTCPK:BMDPF) has acquired 62% of Mediobanca (OTCPK:MDIBF) (OTCPK:MDIBY), paving the way for the latter's CEO Alberto Nagel to step down, Reuters reported, citing data by Borsa Italiana.

Mediobanca's CEO was set to leave his post

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