MPS: Board revokes Lovaglio’s powers; he has been suspended from his post as CEO

MPS: Board revokes Lovaglio’s powers; he has been suspended from his post as CEO

Milan, 25 March (LaPresse) – The board of directors of MPS has stripped Luigi Lovaglio of his powers as CEO and has also suspended him from his post as the bank’s general manager. This is according to financial sources, following the board meeting of Monte dei Paschi di Siena.

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