GO
Loading...

Banca Monte dei Paschi di Siena SpA

More

  • ANALYSIS-Euro strength here to stay, unless ECB steps in Wednesday, 16 Apr 2014 | 10:55 AM ET

    *Money printing in U.S., Japan piles pressure on euro. LONDON/ FRANKFURT, April 16- Many of the factors driving the euro exchange rate to levels that have set off alarm. bells at the European Central Bank are unlikely to go away on.

  • Wind of change starts blowing at Italian companies Wednesday, 16 Apr 2014 | 10:29 AM ET

    *Corporate governance improving in Italy. MILAN, April 16- Eager to attract foreign investors as it slowly emerges from its longest recession in 70 years, cash-strapped Italy Inc. is taking the first steps to end decades of opaque management and shoddy governance.

  • MILAN, April 4- The former controlling shareholder in Monte dei Paschi di Siena said on Friday it and two new Latin American investors in Italy's third biggest bank had committed to not selling their respective holdings for at least 16 months.

  • MILAN, April 3- U.S. fund manager BlackRock, which has been on a shopping spree in Italy over the past six weeks, is now the biggest shareholder in Italian cooperative lender Banco Popolare with a 6.85 percent stake.

  • *Italian banks rally on Popolare, Monte Paschi boost. Italian mid-tier banks Banco Popolare and Monte Paschi were among top risers on the STOXX Europe 600 index, up 15.8 percent and 4.9 percent respectively, compared with a 0.2 percent rise for the whole index.

  • *Italian banks rally on Popolare, Monte Paschi boost. Italian mid-tier banks Banco Popolare and Monte Paschi were the top risers on the STOXX Europe 600 index, surging 9.9 percent and 7.6 percent respectively compared with a 0.4 percent rise for the whole index.

  • European shares extend gains, Novartis rallies Monday, 31 Mar 2014 | 7:45 AM ET

    *Novartis rises on positive results for heart drug. LONDON, March 31- European equities hit a three-week high on Monday, with Novartis stronger due to good results for its heart drug and miners performing well on expectations that China might stimulate its economy.

  • *Euro zone's Euro STOXX 50 index sets 5-1/ 2- year peak. LONDON, March 31- European equities rose for a fifth straight session to a three-week high on Monday on growing speculation that the European Central Bank could ease its policy and China might take steps to stimulate its economy.

  • *Monte Paschi is Siena is world's oldest bank. ROME/ MILAN, March 19- In just six months, Antonella Mansi has cut the umbilical cord that for 500 years united Monte dei Paschi di Siena to its medieval home town.

  • Deals of the day- Mergers and acquisitions Tuesday, 18 Mar 2014 | 4:00 PM ET

    **Societe Generale, France's No. 2 listed bank, said it would offer to buy out minority holders of its online bank brand Boursorama, as it seeks to grow the business despite France's weak economic outlook.

  • ECB review forces Italian banks to face up to reality Wednesday, 12 Mar 2014 | 12:04 PM ET

    *Italy no longer cause for alarm among foreign investors. Italy's largest bank by assets UniCredit and troubled lender Monte dei Paschi di Siena this week announced the write-downs- of 13.7 billion and 2.75 billion euros respectively- as they prepare for an industry-wide health check that European lenders are undergoing this year.

  • review@ MILAN, Feb 20- Italian banks, burdened by 156 billion euros in gross bad debts and twice that amount in doubtful loans, are under the spotlight in an asset review of euro zone lenders conducted by the European Central Bank this year. The ECB review targets the top 15 among Italy's 690 banks.

  • Experts say banks face write-downs of 20- 25 bln euros. By Valentina Za and Silvia Aloisi. MILAN, Feb 20- A drive by Italian banks to come clean on bad loans during a European bank health check may force them to raise as much as 20 billion euros in capital, three times more than that pencilled in so far, to shore up their balance sheets.

  • MILAN, Feb 20- Italian banks, burdened by 156 billion euros in gross bad debts and twice that amount in doubtful loans, are under the spotlight in an asset review of euro zone lenders conducted by the European Central Bank this year. The ECB review targets the top 15 among Italy's 690 banks.

  • *Experts say banks face write-downs of 20- 25 bln euros. MILAN, Feb 20- A drive by Italian banks to come clean on bad loans during a European bank health check may force them to raise as much as 20 billion euros in capital, three times more than that pencilled in so far, to shore up their balance sheets.

  • MILAN, Feb 14- Ratings agency Moody's lifted on Friday its outlook on Italy's credit rating to' stable' from' negative', the first signal of a possible change in sentiment towards the country's sovereign debt since the start of the euro zone crisis.

  • Gerrit Zalm dressed as "Priscilla"

    ABN Amro broke most banking stereotypes when its chairman dressed up in drag and masqueraded as a brothel owner at a corporate event.

  • Monte Paschi faces nationalization threat Monday, 30 Dec 2013 | 1:31 AM ET

    A delay to vital fundraising at Banca Monte dei Paschi di Siena has increased the risk that the bank has to be nationalized.

  • Monte Paschi shareholders approve cash call delay Saturday, 28 Dec 2013 | 8:38 AM ET

    The top investor in Banca Monte dei Paschi di Siena looked set to force a delay in a 3-billion euro capital hike the Italian lender needs to carry out.

  • European shares close higher for fourth day Monday, 23 Dec 2013 | 11:40 AM ET

    European equities closed higher for a fourth consecutive session on Monday, as upbeat U.S. sentiment data buoyed investors' spirits.