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Euronews
Euronews
Andrea Barolini

Monte Paschi board member resigns amid insider trading probe

Di Stefano Monte Paschi MPS Mediobanca Monte dei Paschi di Siena Milan UniCredit

A board member of the Italian bank Monte dei Paschi di Siena (MPS) has resigned after he was placed under investigation on suspicion of insider trading.

Stefano Di Stefano resigned "with immediate effect, for personal reasons and in connection with the commencement of investigations concerning him", the bank said in a statement on Wednesday.

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