Italy Finance Ministry Said to Back Lovaglio for New Paschi Term

Italy’s Finance Ministry is backing Banca Monte dei Paschi di Siena SpA Chief Executive Officer Luigi Lovaglio for a new term in the role, according to people familiar with the...

By Alessandra Migliaccio, Sonia Sirletti · Bloomberg Markets

Italy’s Finance Ministry is backing Banca Monte dei Paschi di Siena SpA Chief Executive Officer Luigi Lovaglio for a new term in the role, according to people familiar with the matter.