MILAN, March 4 (Reuters) - Monte dei Paschi di Siena has received European Central Bank approval for new by-laws that allow outgoing directors to present a slate of candidates to name a new board, two
Monte Dei Paschi Receives ECB Green Light for New Board Election By-Laws
ECB Approves Monte Dei Paschi’s New Board Election Process
Background on Monte dei Paschi di Siena’s Governance Changes
MILAN, March 4 (Reuters) - Monte dei Paschi di Siena has received European Central Bank approval for new by-laws that allow outgoing directors to present a slate of candidates to name a new board, two sources close to the matter said.
European Central Bank’s Role and Response
The ECB did not immediately reply to a request for comment.
Reporting and Editorial Information
(Reporting by Valentina Za; editing by Giulio Piovaccari)
