Monte Paschi Chairman Profumo on Focus, Outlook

April 29 (Bloomberg) -- Alessandro Profumo, chairman of Banca Monte dei Paschi di Siena SpA, talks about the bank's focus, the "cleanup" of its balance sheet and the outlook for growth. Monte Paschi, the world’s oldest bank, filed a suit against former General Manager Antonio Vigni and Chairman Giuseppe Mussari in Florence on March 1, alleging they used swaps to hide losses. Profumo speaks after the company's shareholder meeting in Siena. (Excerpts. Source: Bloomberg)

Why Hong Kong Is Seen as a Preferred IPO Hub
17:59 - Alex Frino, dean of the Macquarie Graduate School of Management, discusses the IPO market in Hong Kong where values are set to hit a five-year high and why companies find it so attractive. He speaks to Bloomberg's Angie Lau on "First Up." (Source: Bloomberg)
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