(BFW) Monte Paschi Sees Possible Merger With Cooperative Banks: Sole



Monte Paschi Sees Possible Merger With Cooperative Banks: Sole
2015-05-10 08:42:48.284 GMT


By John Follain
(Bloomberg) -- Merger “makes a lot of sense from an
industrial point of view,” Fabrizio Viola, CEO of Monte Paschi,
says in interview with newspaper Sole 24 Ore.
* Viola reiterates share sale may start end-May, timing
depends on green light from ECB
* NOTE: On Friday, Monte Paschi Swings to Quarterly Profit on
Lower Bailout Costs NSN NO1P1N6VDKHT<GO>

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To contact the reporter on this story:
John Follain in Rome at +39-06-4520-6329 or
jfollain2@bloomberg.net
To contact the editor responsible for this story:
Alan Crawford at +49-30-70010-6237 or
acrawford6@bloomberg.net