Italy's Caltagirone deals blow to Monte dei Paschi defence plan against Intesa

The holding company of Italian entrepreneur Francesco Gaetano Caltagirone said on Thursday it would vote against Monte dei Paschi di Siena's (MPS) (BPMS.MI) proposals to acquire Banco BPM and Banca Generali MIL:BGN.The decision deals a fresh blow to MPS Chief Executive Luigi Lovaglio's ef…