Italy's MPS reorganises to cope with staff exits but unions unhappy
Source: Reuters
MILAN, Nov 28 (Reuters) - Italian banking unions on Monday voiced concerns at a reorganisation being implemented by state-owned lender Monte dei Paschi di Siena (BMPS.MI) as it prepares for the departure of thousands of staff from this week.Monte dei Paschi this month raised 2.5 billion euros ($2.6 billion) in cash, braving stormy markets with a new share issue, with more than a third of the proceeds being…
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