Published by Global Banking & Finance Review®
Posted on March 4, 2026
1 min readLast updated: April 2, 2026
Add as preferred source on GoogleMonte dei Paschi di Siena has obtained ECB approval for amendments to its by‑laws allowing the outgoing board to present a slate of candidates for the new board. The changes also include enhanced flexibility on director compensation and governance rules upgrading board continuity.
MILAN, March 4 (Reuters) - Monte dei Paschi di Siena has received European Central Bank approval for new by-laws that allow outgoing directors to present a slate of candidates to name a new board, two sources close to the matter said.
The ECB did not immediately reply to a request for comment.
(Reporting by Valentina Za; editing by Giulio Piovaccari)
Monte dei Paschi di Siena received ECB approval for new by-laws regarding board nominations.
The new by-laws allow outgoing directors to present a slate of candidates for naming a new board.
The ECB did not immediately reply to a request for comment.
The news was reported by sources close to the matter, via Reuters.
Explore more articles in the Finance category
