September 15, 2021
MILAN (Reuters) – Monte dei Paschi di Siena is moving to close 50 branches in line with commitments taken with European Union authorities under its restructuring plan through 2021, a copy of a letter the state-owned bank sent to unions showed on Wednesday.
It was not immediately possible to reach Monte dei Paschi for comment.
(Reporting by Valentina Za, editing by Cristina Carlevaro)
Source Link Monte dei Paschi prepares to close 50 branches – letter to unions
