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)
Richemont Reports Unexpected Decline in April Sales
50:44 - Bloomberg's Jonathan Ferro reports on today's "Top Headlines." He speaks on Bloomberg Television's "On The Move." (Source: Bloomberg)
  • 10 in a Row for Oil: What’s Next?
  • Greek Situation Is Deteriorating: Key
  • Rugby World Cup: Does England Stand a Chance?