Monte Paschi’s Di Stefano Quits Board Over Probe Against Him

Banca Monte dei Paschi di Siena SpA board member Stefano Di Stefano is leaving the bank shortly after a news report that he’s under investigation for alleged insider trading linked...

By Steven Arons · Bloomberg Markets

Banca Monte dei Paschi di Siena SpA board member Stefano Di Stefano is leaving the bank shortly after a news report that he’s under investigation for alleged insider trading linked to Monte Paschi’s takeover of Mediobanca SpA last year.