{"id":1904764,"date":"2023-03-25T07:42:01","date_gmt":"2023-03-25T11:42:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/italy-to-hand-monte-dei-paschi-ceo-lovaglio-new-mandate-sources\/"},"modified":"2023-03-25T07:43:14","modified_gmt":"2023-03-25T11:43:14","slug":"italy-to-hand-monte-dei-paschi-ceo-lovaglio-new-mandate-sources","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/italy-to-hand-monte-dei-paschi-ceo-lovaglio-new-mandate-sources\/","title":{"rendered":"Italy to hand Monte dei Paschi CEO Lovaglio new mandate \u2013 sources"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fitaly-to-hand-monte-dei-paschi-ceo-lovaglio-new-mandate-sources%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1904764&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p> <!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"entry-content\">\n<p>Former lender Luigi Lovaglio will receive a new job as chief executive of state-owned lender Monte dei Paschi di Siena from the Italian Treasury, according to two sources with knowledge of the situation.<\/p>\n<p>Lovaglio arrived at Monte dei Paschi( MPS ) just over a year ago when the Treasury fired his predecessor. He began his career at UniCredit, where he eventually rose to lead the group&#8217;s former Polish unit Bank Pekao.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px; text-align: center;\"><script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); }); <\/script><\/div>\n<\/p>\n<p>Following a 2017 loan, the position now owns 64 % of MPS.<\/p>\n<p>One of Italy&#8217;s most seasoned professional bankers, Lovaglio, oversaw a wealth increase of 2.5 billion euro($ 2.7 billion ) in November, allowing MPS to increase funding and pay for deliberate layoffs.<\/p>\n<p>As he works to make the lender for a consolidation that would enable the position to meet re-privagization commitments made with European Union market authorities at the time of the loan, Lovaglio has pledged to increase MPS &#8216; success.<\/p>\n<p>Nicola Maione, a prosecutor who has served on the MPS council since 2017 and has hitherto presided over the table of state-controlled air traffic controller Enav, would also be appointed president, according to the resources.<\/p>\n<p>The Treasury, the largest shareholder in the bank, is getting ready to submit its slate of nominees for the Italian card board as MPS shareholders are expected to vote to appoint new managers next quarter.<\/p>\n<\/p>\n<p>( This article has been revised to include reporting credit; the text has not changed. )<\/p>\n<p>( 1 x 0. 9295 euros )<\/p>\n<\/p>\n<p>( Edited by Michael Perry, reporting by Valentina Za in Milan and Giuseppe Fonte in Rome. )<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/italy-to-hand-monte\/attachment\/deputy-chief-executive-of-pekao-lovaglio-presents-the-company-results\/\"><\/a><\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Republicans are stepping back to defend their children&#8217;s ignorance as kids become more concerned about what they are learning in school.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Jim Jordan, chairman of the House Judiciary Committee, tells One America News that an audit and possible indictment of former President Trump by Manhattan District Attorney Alvin Bragg amounts to an effort to sway the results of a national poll.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Most people anticipated that the Federal Reserve would keep raising interest rates just a few weeks ago.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Former President Donald Trump is the target of an indictment by the city attorney in New York. His condition is disintegrating quickly.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>A U.S. jury has ruled that an online collection run by the nonprofit organization Web&#8230; by Nate Raymond and Blake Brittain( Reuters)<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Justin Trudeau, the prime minister of Canada, stated on Friday that he was pleased with his recent ban on &#8230; by Steve Scherer OTTAWA ( Reuters)<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Chinese smartphone manufacturer Xiaomi Corp. announced a 22.8 % decline in fourth-quarter revenue on Friday, reaching 66.05 billion yuan($ 9.6 ).<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>When Cassidy Jacobson was 13 years old, she posted a video of&#8230; by Danielle Broadway and Rollo Ross LOS ANGELES( Reuters )<\/p>\n<\/div>\n<p><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MILAN (Reuters) \u2013 Italy\u2019s Treasury is set to hand veteran banker Luigi Lovaglio a new mandate as chief executive of state-owned lender Monte dei Paschi di Siena, two people with knowledge of the matter said. Lovaglio, who built his career at UniCredit where he eventually rose to lead the group\u2019s former Polish unit Bank Pekao<\/p>\n","protected":false},"author":66,"featured_media":1904765,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[3850,16574,6274,14683,22760,5527,21314,22759,3618,6409],"class_list":["post-1904764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-ceo","tag-dei","tag-hand","tag-italy","tag-lovaglio","tag-mandate","tag-monte","tag-paschi","tag-riot","tag-sources"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1904764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1904764"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1904764\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1904765"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1904764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1904764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1904764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}