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MPS goal to offload NPLs - Morelli (2)

Restart without job losses, deposits have stopped bleeding

Redazione Ansa

(ANSA) - Rome, January 18 - Monte dei Paschi di Siena (MPS) is working to offload its non-performing loans (NPLs) "en bloc", CEO Marco Morelli told the Senate Wednesday.
    Morelli added that MPS wanted to "restart without penalising the workforce", on a plan "shared" with the authorities, and that an outflow of deposits had been "completely halted".
   

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