ROME (Reuters) - Shares in bailed-out Italian bank Monte dei Paschi di Siena BMPS.MI should soon return to trade on the Milan bourse, a senior Treasury official said on Wednesday, adding a request had already been filed with market watchdog Consob.
Shares in Monte dei Paschi have been suspended from trading since December last year when Italy’s fourth-largest bank failed to raise cash from investors and had to turn to the state for help.
“It’ll happen soon. They have filed a request with Consob so it’s just a matter of technical steps,” Fabrizio Pagani said on the sidelines of a banking conference.
Reporting by Stefano Bernabei, writing by Valentina Za