cash call

Monte Paschi's cash call to be delayed until May 2014 - shareholders

Shareholders of Banca Monte dei Paschi di Siena SpA reportedly sided with main shareholder Fondazione Monte Paschi with regard to postponing the cash call until May of next year.

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Monte Paschi's Profumo to mull over a January resignation

A Reuters report said Alessandro Profumo, chairman of Monte dei Paschi di Siena, will be revealing his decision whether to stay or resign from his post at the Italian lender in a January meeting.

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Upcoming Monte Paschi meeting spurs tension on cash call

The intention of Monte dei Paschi di Siena's largest shareholder to postpone the planned cash call until the middle of next year has irked Profumo and chief executive officer Fabrizio Viola.

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Alitalia raises EUR173 million in cash call, to receive the rest from postal service, others

Italian airline Alitalia said on Thursday that it was able to raise EUR173 million of EUR300 million it needed in its cash call from investors with help from Intesa Sanpaolo and UniCredit.

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Alitalia's industrial plan to be submitted for shareholder approval

Alitalia CEO Gabriele del Tochio would be submitting to the board for its decision for an industrial plan which would include 2,000 employee layoffs in order to keep the Italian air carrier aloft.

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