ROME, Oct 24 (Reuters) – Italy’s state-owned financial institution Monte dei Paschi di Siena (BMPS.MI) is inclined to comply with all early exit calls for from workers, unions mentioned on Monday after a gathering with CEO Luigi Lovaglio.
Lovaglio expressed a “constructive orientation” just about unions’ calls for regarding the 4,125 workers who’ve requested to go away.
Nevertheless, this will depend on the completion of the brand new share challenge, launched final week, that’s meant to fund the exits, the CEO was mentioned to have instructed unions.
In August, the financial institution had agreed with unions a smaller exit bundle for 3,500 workers.
Reporting by Alvise Armellini
Modifying by Keith Weir
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