Gabriele Corradi in Siena Tv: “Mps, there is no longer any trust. Siena in silence, we need a plan to revive the state”
In connection with “Live” on Siena Tv, which focused its latest episode on the situation of Mps in the aftermath of the failure of the negotiations between Unicredit and Tesoro, intervened also Gabriele Corradi, long-time manager of the Sienese bank, former municipal councilor and mayor.
“How can a bank be profitable if from 2017 there is only talk of cuts and compulsory sale? – he asks himself – It is difficult to find a buyer, the price is for the buyer. Which client from outside Siena can trust or which worker can want to come and work here hearing all this news? Trust, which is the most important asset in the bank’s balance sheet, fails. Nobody has trust in MPS anymore ”he says.
“The State, the majority shareholder, in order to be able to sell it, must first commit to getting it back on track with a good strategic plan. The state has done nothing in four years. Draghi, who was head of the Bank of Italy when Antonveneta was bought, with Merkel’s exit now has more power to negotiate. We need a few years, the state must take charge of the situation and put capable people in charge, with a recovery plan. Then you can think about selling. Draghi is the only one who can help us “
“In 2011, when I made the motion to ask the Foundation not to put money in MPS, and to drop below 51%, only three voted it – he remembers – Everyone voted against it because 51% was impassable. I would like to underline the silence in this city – he is keen to say – no procession, no demonstration, no poster. Next year it will be 550 years since the founding of the bank, it was destroyed in 7-8 years. If we abandoned the Palio we would have gone to Piazza del Campo in thousands ”.
“To date – Corradi points out – one of the few solutions is for the State to obtain more time, preparing a plan to relaunch the bank, putting capable managers. Unfortunately, I fear that there is still a need for a personal sacrifice ”.