Monte Paschi (BMPS IM) board strips Lovaglio fo CEO role
Every headline is on the live feed 20 minutes before this site.
General Motors (GM) Union in Silao, Mexico proposes 10% salary increase; Workers to vote on proposal April 9-10th to avert strike on April 15th
US and Israel temporarily remove 2 Iranian officials from target list for up to four to five days, WSJ reports; officials are Iranian Foreign Minister Araghchi and Parliament Speaker Ghalibaf
Monte Paschi (BMPS IM) board strips Lovaglio fo CEO role
US President Trump rejected Israeli PM Netanyahu idea to call for Iran uprising, Axios reports, citing two US officials
Iran's attacks force US troops to work remotely, NYT reports, citing sources; Iran has severely damaged several US military bases in the Middle East
On the Newsquawk feed at , 20 minutes before this page.
Context
The board's decision to remove Lovaglio as CEO of Monte Paschi could signal significant shifts in corporate strategy or a response to underperformance. This may lead to increased volatility in the stock as market participants reassess the bank's direction and broader implications for sector confidence. Watch for any prospective successor announcements and strategic reviews that may influence market sentiment.
Related headlines
- DHL (DHL GY) Q3 2026 (EUR): Revenue 22.6bln (exp. 21.7bln). Raises FY26 guidance22 hours ago
- Newsquawk European Market Wrap - 16th October 20261 day ago
- Lufthansa (LHA GY) reportedly exploring a sale of software assets in EUR 1bln deal, reports FT1 day ago
- AXA (CS FP) is expected to lose its BMPS (BMPS IM) contract at expiry next year, Bloomberg reports1 day ago
- European Movers: Nordex (NDX1 GY) +13.1%, Aixtron (AIXA GY) +4.8%, Brunello Cucinelli (BC IM) +3.3%, Schneider Electric (SU FP) +1.2%, Lloyds (LLOY LN) -2.2% 1 day ago
- Additional European Equity News - 16th October 20261 day ago
- European Pre-Market Summary 16th October 2026: European bourses set for a stronger open; NDX1 GY jumps after a lift in guidance1 day ago
- Newsquawk Daily European Equity Opening News - 16th October 20261 day ago
- Unicredit (UCG IM) receives green light from ECB to acquire control of Commerzbank (CBK GY)1 day ago
- SEB (SEBA SS) reaches a final resolution with NY DFS regarding due diligence and transaction monitoring in the Baltics between 2015-19; Agrees to pay USD 33mln for resolution2 days ago
- European Movers: Ericsson (ERICB SS) +8%, Pernod Ricard (RI FP) +2.9%, British Land (BLND LN) +1.5%, TomTom (TOM2 NA) -2.4%, Nordea (NDAFI FH) -4.8%2 days ago
- Additional European Equity News - 15th October 20262 days ago
- European Pre-Market Summary 15th October 2026: European bourses set for a dire open; focus on the tech-sell off after the KOSPI slumped2 days ago
- Newsquawk Daily European Equity Opening News - 15th October 20262 days ago
- Lufthansa (LHA GY) has offered a purchase price of EUR 1.025bln for the 44.9 percent stake in TAP; welcomes selection of its offer in TAP Air Portugal privatization process3 days ago
- German Government is reportedly in talks with KNDS owner families regarding an acquisition of 50% KNDS stake, sources suggest; plan for an IPO is on hold for the time being3 days ago
- ASML (ASML NA) CEO says clients are accelerating expansion plans, which gives the Co. greater visibility. Clients are also asking for more tools, however it is too early to give exact production boost figures3 days ago
- The EU is set to lift a sanction on a Chinese firm to save ASML (ASML NA) supplier, Bloomberg reports3 days ago
- Kion Group (KGX GY) Q3 2026 (EUR): Adj. EBIT 203mln (exp. 206.9mln). Cut its FY26 revenue guidance to 11.45-11.75bln (prev. guided 11.53-12.03bln)3 days ago
- Aurubis (NDA GY) reportedly lifts its 2027 European copper premium to USD 347 per metric tonne, Reuters reports3 days ago
The feed had this first.
Use the Platform