ROME (Reuters) - The chairman of Italy's Monte dei Paschi di Siena
The bank on Tuesday delayed approval of the plan, citing procedural reasons.
"We are ready to make all the necessary changes in the interest of the bank and of the country," Chairman Alessandro Profumo told reporters.
Asked whether disagreements over management pay were a sticking point in the negotiations with the EU, Profumo said the bank had no reservations on this issue.
(Reporting by Stefano Bernabei, editing by Silvia Aloisi)
- Europe News