Marco Morelli (pictured) has been appointed new chief executive officer and general manager of Italian financial group Banca Monte dei Paschi di Siena, as from 20 September. The group’s board of directors, based on the proposal made by nomination committee, said Marco Morelli has “the best profile” to assume these roles “in light of his […]
Italy’s Banca Monte dei Paschi di Siena will raise charity funds to support “Per la solidarietà è sempre Natale”, an umbrella project which includes a number of social initiatives to be completed across Italy around Christmas.
Banca Monte dei Paschi di Siena (MPS), Italy’s third-biggest lender, has reached an agreement with Cassa di Risparmio di Asti to sell a 60% stake in Piedmont-based Biverbanca.
Monte Paschi di Siena Group has sold a Monaco subsidiary to Andbanc, an Andorra-based private bank.