MPS: Giani says we will ask Giorgetti for the State to retain its stake to prevent the bank being broken up
The President of Tuscany has called on the government to maintain public ownership in order to prevent fragmentation and safeguard the historic identity of the Sienese bank
(Il Sole 24 Ore Radiocor) - “Our request to the minister is to retain 4.8 per cent of the State’s shares so that we can act together to prevent the fragmentation of Monte dei Paschi’s identity and ensure the bank’s brand remains intact.” This was stated by the President of the Tuscany Region, Eugenio Giani, who arrived at the Ministry of Economy and Finance (MEF) for the meeting to be attended by the Minister Giancarlo Giorgetti alongside local institutions on the future of MPS. “We do not wish to be seen as supporters of one side or the other: for us,” Giani reiterated, “the important thing is to preserve the integrity of the Monte dei Paschi di Siena brand”.
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