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Monte Paschi CEO agrees to resign

Banca Monte dei Paschi di Siena said chief executive Fabrizio Viola has agreed with the bank’s board to resign, a move that comes at very delicate time for the turnaround of the troubled lender.

Monte Paschi CEO agrees to resign
Photo: iStockPhoto

Banca Monte dei Paschi di Siena said chief executive Fabrizio Viola has agreed with the bank’s board to resign, a move that comes at very delicate time for the turnaround of the troubled lender.

The bank said on September 8 that its board is aiming to find a successor to Viola very soon.

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