Monte dei Paschi prepares to close 50 branches - letter to unions - NewsBreak
By Megansoto in Business
Updated 3 years ago
MILAN, Sept 15 (Reuters) - Monte dei Paschi di Siena (BMPS.MI) 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...