ROME, Sept 8 Italy's government, the single
largest shareholder in Banca Monte dei Paschi di Siena
, expects the Tuscan bank to name a new chief
executive soon and is confident the situation is "under
control", a Treasury source said on Thursday.
Italy's third-biggest bank announced CEO Fabrizio Viola had
agreed to step down as it prepares to tap investors for the
third time in as many years, raising as much as 5 billion euros
($5.6 billion) in a share sale. ($1 = 0.8890 euros)
The government owns around 4 percent of Monte dei Paschi
after it bailed the bank out twice during the financial crisis.
(Reporting by Francesca Piscioneri,)