{
Luigi Lovaglio

People

}
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monte paschi reports strong third-quarter profit driven by fee income

Banca Monte dei Paschi di Siena SpA reported a third-quarter net income of €407 million, up from €310 million a year earlier, exceeding analyst expectations. Revenue increased nearly 6% year-on-year, driven by a boost in fee income, as CEO Luigi Lovaglio focuses on expanding the bank's fee business.
bloomberg.com
Euro Banca Monte dei Paschi di Siena SpA ITA Luigi Lovaglio
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07:44 08.11.2024
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