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Bloomberg
Financial

Monte Paschi CEO Says Shareholders Will See Value in Twin Offers

Banca Monte dei Paschi di Siena Chief Executive Officer Luigi Lovaglio tells Bloomberg Television he is confident shareholders will recognize the value of his twin takeover offers for Banco BPM and Banca Generali. "We are building an Italian champion," Lovaglio says. The CEO needs support from at least two thirds of the votes cast at a shareholder meeting on Oct. 29 to proceed with his plan. Lovaglio speaks to Bloomberg's Francine Lacqua.

Leia mais: Monte Paschi CEO Says Shareholders Will See Value in Twin Offers
Bloomberg
Financial

Goldman Sachs: Euro Stocks Resilient to Macro Pressures

Peter Oppenheimer, chief global equity strategist at Goldman Sachs, says European stocks have remained resilient and have "done rather well" in the face of inflationary pressures and rising bond yields. He also comments on French bond yields. Speaking on Bloomberg Television, Oppenheimer says the profit story "is still solid," but should markets experience a further sharp bond selloff, equities could "become vulnerable."

Leia mais: Goldman Sachs: Euro Stocks Resilient to Macro Pressures