(ANSA) - Milan, September 26 - Monte dei Paschi di Siena
(MPS) bank soared 7% in Monday trading before closing +1.43% at
0.19 euros a share.
MPS shares were buffeted on expectations about future moves
by new CEO Marco Morelli and rumors of interest on the part of
funds from Qatar, analysts said.
Economy Minister Pier Carlo Padoan said last week that
Morelli's appointment will "facilitate the realisation" of the
struggling Tuscan lender's new industrial plan, "optimal
completion of the biggest securitization" of deteriorated credit
ever in Italy, and the "development of a renewed and sustainable
bank".
MPS shares soar 7%
On expectations about new CEO