Bloomberg News

Monte Paschi Board List Is Undecided, Talks Extended, Ansa Says

March 17, 2012

Fondazione Monte Paschi failed to decide on a list of Banca Monte dei Paschi di Siena SpA board candidates and will keep talking tomorrow, Ansa said.

Fondazione has the right to name half the board and plans to propose former UniCredit SpA Chief Executive Officer Alessandro Profumo as chairman, Ansa said without citing anyone.

To contact the reporter on this story: Francesca Cinelli in Milan at fcinelli@bloomberg.net.

To contact the editor responsible for this story: James Ludden at jludden@bloomberg.net


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