'If now, without NPLs, with a clear strategy, I think this bank could be a very good bank for the future.'
European stocks ended mostly in the red on Monday as investors reacted to banking stress tests and new manufacturing data.
European banks are much better-placed to cope with serious economic shock, according to recent stress tests. CNBC’s Julia Chatterley reports.
Julien Jarmoszko, equity research manager at S&P Global Market Intelligence, talks about what BMPS needs to do now to improve itself, in light of the recent stress tests.
Stress tests by the European Banking Authority found BMPS would have the most difficulty covering its loans of 51 of Europe's banks.
European stocks recovered to close in the black on Friday as investors worked their way through another raft of European earnings.
European stocks finished in the red on Thursday as investors waded through another raft of earnings and prepared for the latest BOJ decision.
Gildas Surry, senior analyst at Axiom Alternative Investments, says there could be an issue of contagion in both Italy’s and Europe's financial markets.
European markets closed higher on Tuesday as traders digested another slew of earnings and oil prices weighed.
Is the bad debt situation in Italy accelerating? Stefano Caselli, professor of banking and insurance at Bocconi University, weighs in about the state of Italy’s banks, in particular BMPS.
European markets pared gains on Monday to close mixed, as Wall Street traded lower and oil prices fell.
Top finance officials in Italy have moved to play down the issues the country's banking industry is facing, just days ahead of crucial stress tests.
Countries in the EU are unlikely to consider an exit from the bloc once they realize how complicated it will be for the U.K., the OECD told CNBC.
European stocks finished mostly around the flatline after the ECB left its key interest rate unchanged and as investors digested more earnings.
Europe finished mixed on Monday, as investors cheered on the rally in ARM shares, but remained concerned over global geopolitical events.
European stocks closed mostly lower on Wednesday as equity markets struggled to hold gains, despite hopes of further monetary easing around the world.
European stocks finished with strong gains on Monday after the S&P 500 index posted an all-time record high shortly after Wall Street opened.
European stocks soared to close sharply higher on Friday, after investors cheered on the news that the U.S. had created 287,000 jobs during the month of June.
Italian stocks have sunk this year amid a bevy of problems both domestic and international.
European stocks posted solid gains by Thursday's close, as investors shook off the renewed declines in oil.