February 07, 2024 BY Simon Mugo
Monte Paschi Bank Announced Its First Dividend Payout in 13 Years
Alongside major Italian banks such as Intesa Sanpaolo (ISP.MI) and UniCredit (CRDI.MI), MPS has benefited significantly from the rise in interest rates. Additionally, the bank has gained from positive outcomes in several legal disputes with former executives, alongside ongoing restructuring efforts led by CEO Luigi Lovaglio. Thanks to the favourable court decisions, the bank could…
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