Monte Paschi Chairman Profumo on Focus, Outlook

Monte Paschi Chairman Profumo on Focus, Outlook Play

April 29 (Bloomberg) -- Alessandro Profumo, chairman of Banca Monte dei Paschi di Siena SpA, talks about the bank's focus, the "cleanup" of its balance sheet and the outlook for growth. Monte Paschi, the world’s oldest bank, filed a suit against former General Manager Antonio Vigni and Chairman Giuseppe Mussari in Florence on March 1, alleging they used swaps to hide losses. Profumo speaks after the company's shareholder meeting in Siena. (Excerpts. Source: Bloomberg)

  • On Air Now

    Bloomberg Surveillance Watch Now

  • Next

    In The Loop with Betty Liu

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus