16-07-2025
Monte Paschi Plans to Replace Mediobanca CEO, Lovaglio Says
Banca Monte dei Paschi di Siena CEO Luigi Lovaglio said he plans to replace his counterpart at Mediobanca, should he succeed in taking control of the larger rival. Lovaglio said he tried to call Mediobanca CEO Alberto Nagel but hasn't received an answer. Nagel is 'not interested in the deal,' Lovaglio said. 'So I think we have to look for a new CEO' with an international profile who can motivate and develop existing staff and attract new talent, he said. Lovaglio joined Francine Lacqua on 'Bloomberg: The Pulse (Source: Bloomberg)
