Milan Bourse strikes deal with unions over jobs, one-off bonus
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 31 2024
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Should l Buy ?
Source: Reuters
Agreement Reached: Italian banking sector trade unions have reached an agreement with the Milan stock exchange to maintain employment levels for three years and provide a one-time bonus of 2,000 euros to staff, pending ratification by workers.
Euronext's Commitment: Euronext, which acquired the Milan bourse in April 2021, aims to focus on organic growth and investment in Italy's capital markets, responding to previous concerns about disinvestment raised by unions and government officials.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
