Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Widiba, the online subsidiary of Italian banking group Monte dei Paschi di Siena (MPS), has disclosed its intention to hire 1,000 financial advisors over the next three years. The bank will hire junior, senior and professional advisors.
The plan is aimed at doubling the number of financial advisors and increasing the presence of the network in the country with a view to boosting deposit-taking activities. The company also plans to adopt new variable pay schemes in order to reward and incentivise promoters and support their professional growth.
Eurofound (2015), Widiba, Business expansion in Italy, factsheet number 79130, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/79130.