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Monte Paschi Board Says CEO To Stay On

By DMO Affiliate
The board of Monte dei Paschi di Siena has unanimously confirmed its faith in CEO Fabrizio Viola despite him being forced to delay a crucial capital increase, the bank said on Tuesday. Viola had threatened to resign last month after a shareholder meeting voted down his proposal to launch the 3-billion euro share issue this month.
Monte Paschi Board Says CEO To Stay On

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