Monte Paschi executives committed to strengthening bank

The top executives of Italy’s Monte dei Paschi di Siena (BMPS.MI) are committed to strengthening the troubled lender, a spokesperson for the bank said on Tuesday when asked whether they may resign should a planned cash call be postponed. Italian daily Il Sole 24 Ore said on Tuesday Chairman Alessandro Profumo and Chief Executive Fabrizio Viola were ready to resign if the timing of the cash call were pushed out. (Corrects to make clear executives did not vow to stay on even if cash call postponed, adds spokesman quote)


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