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BAML Italy head gets ECB nod for appointment at Monte dei Paschi-source

A logo of Monte dei Paschi di Siena bank is seen on the ground in Siena, Italy, November 5, 2014. The European Central Bank has given a preliminary nod to the possible appointment of Marco Morelli, head of Bank of America Merrill Lynch in Italy, as chief executive of ailing lender Monte dei Paschi di Siena BMSP.MI, a source close to the matter said.

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