Mps: Orcel, Siena was an opportunity for us and the future too


MILAN, 25 OCT – The operation on Monte dei Paschi “we have always seen it as an opportunity to strengthen the banking sector of this country, and at the same time guarantee a brilliant future for both customers and employees of Mps”. Andrea Orcel said this in a message to his colleagues, adding that “the agreement could have created added value for UniCredit”. In this sense – explains the banker after the halt to negotiations with the Mef – he could have “strengthened our positioning in our main markets and increase our customer base is a fundamental part of our new strategic plan”. Orcel also notes that it “made it clear from the beginning of the negotiations that UniCredit’s involvement would depend on the occurrence of a set of principles and conditions agreed by both parties, designed to protect the interests of all our stakeholders”. In addition, the manager adds that “after many discussions, we have finally reached an agreement in line” with the agreed principles and conditions “and from that moment on we have kept our word, always pushing to the maximum to successfully complete the operation”. Finally, the banker recalls that “after being contacted by the government, in August we began the negotiations with a great spirit of openness and with the aim of analyzing and seizing all the opportunities for the creation of synergies between UniCredit and Mps”. (HANDLE).
(HANDLE)




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