Banking risk

Mediobanca, Nagel: the government's role in the Mps ops is an 'element of anomaly'

This is what the CEO of Piazzetta Cuccia said during the call with analysts on the offer considerations

1' min read

1' min read

In Mps's ops on Mediobanca, an 'element of anomaly' is represented by the 'role of the government'. This is what the CEO of Mediobanca, Alberto Nagel, said during the call with analysts on the considerations regarding Monte's bid for Piazzetta Cuccia.

'In this affair, the government has multiple roles: major shareholder of Montepaschi, de facto controller of the board, user of golden power,' Nagel explains. This 'meant that various actors in Italy, directly or indirectly, decided to support this operation'.

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