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Banca Monte dei Paschi di Siena SpA (BMPS.MI)

BMPS.MI on Milan Stock Exchange

15.08EUR
22 Dec 2016
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€46.88
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Latest Key Developments (Source: Significant Developments)

Pop Vicenza CEO says funds from private equity for Veneto banks an option
Thursday, 1 Jun 2017 05:51am EDT 

June 1 (Reuters) - Banca Popolare di Vincenza Chief Executive Fabrizio Viola says::Sees more room for manoeuvre for Veneto banks talks after Monte dei Paschi deal with EU.the injection of funds by private equity firms into the two Veneto-based banks is "an option".  Full Article

Monte Paschi CEO says close to deal with EU over restructuring plan
Wednesday, 31 May 2017 06:18am EDT 

May 31 (Reuters) - Banca Monte dei Paschi di Siena: :Chief Executive Marco Morelli says confident he is close to an agreement with European authorities over bank's restructuring plan.EU nod to restructuring plan will pave way for state bailout..  Full Article

EU's Vestager says rescue talks over Veneto banks not easy - paper
Thursday, 18 May 2017 02:09am EDT 

May 18 (Reuters) - EU Competition Commissioner Margrethe Vestager tells La Stampa daily in an interview::Rescue talks over Italy's Popolare di Vicenza, Veneto Banca are not very advanced but we have agreed a plan of action with all parties involved.We are moving ahead as everyone has a constructive approach but it's not easy .Making progress on Monte dei Paschi's restructuring plan, there is a "good discussion" ongoing over how to ensure bank is profitable and we are working "very well" with Italian authorities..Cutting staff to reduce costs is inevitable, it is always "very, very painful" for people and communities involved.  Full Article

Monte dei Paschi CEO says not aware of any plan to de-list bank's shares
Wednesday, 12 Apr 2017 12:08pm EDT 

Banca Monte Dei Paschi di Siena Chief Executive Marco Morelli tells press conference: Not aware of any plan to de-list bank's shares . Comment comes after reports in the Italian press that the Italian Treasury may consider buying out other investors in Monte dei Paschi after it becomes its majority owner Further company coverage: [BMPS.MI] (Reporting by Milan Newsroom).  Full Article

Monte dei Paschi says new rescue plan will be "radically different"
Wednesday, 12 Apr 2017 04:56am EDT 

Banca Monte dei Paschi di Siena Chief Executive Marco Morelli tells shareholder meeting: The bank is discussing a restructuring plan with the EU Commission and the European Central Bank that is "radically different" to the previous one . Liquidity ratios meet requirements after 11 billion euros in government guaranteed bonds . ECB is monitoring liquidity levels at the bank daily Further company coverage: [BMPS.MI] (Reporting by Milan newsroom).  Full Article

FTSE Russell to cut Monte dei Paschi from main index if no clarity on trading restart
Monday, 6 Feb 2017 01:48pm EST 

Banca Monte Dei Paschi Di Siena: FTSE Russell says will remove Monte dei Paschi from Milan's blue-chip index if after the bank's board meeting on Feb. 9 there is no indication on when lender's shares might resume regular trading . FTSE Russell says decision would only be rescinded if trading subsequently recommences on or before Feb. 28 Further company coverage: [BMPS.MI] (Reporting by Milan newsroom).  Full Article

Monte dei Paschi sells merchant acquiring business to ICBPI
Friday, 3 Feb 2017 12:10pm EST 

Banca Monte dei Paschi Di Siena says: Reached accord with ICBPI to sell merchant acquiring business with enterprise value of 520 million euros .Deal includes 10-year partnership with ICBPI.  Full Article

Monte Paschi to press ahead with sale of bad loans, with or without Atlante-chairman
Saturday, 28 Jan 2017 07:33am EST 

Banca Monte Dei Paschi Di Siena's Chairman Alessandro Falciai : bank plans to press ahead with sale of nearly 30 bln euros of bad loans, with or without help from Atlante bank bailout fund Further company coverage: [BMPS.MI] (Reporting by Milan newsroom).  Full Article

Italy grants Monte dei Paschi state guarantee for bond issues
Thursday, 19 Jan 2017 12:15pm EST 

Italy treasury says: Has granted Monte dei Paschi di Siena guarantee for bond issues Further company coverage: [BMPS.MI] (Reporting by Milan newsroom).  Full Article

Best to keep Monte dei Paschi listed after state rescue-watchdog
Thursday, 19 Jan 2017 09:20am EST 

Banca Monte dei Paschi di Siena: Italy market watchdog Consob chairman says better to keep bank listed on the stock exchange after nationalisation if market float is enough . Consob chairman says trading in Monte dei Paschi shares will only resume after restructuring plan Further company coverage: [BMPS.MI] (Reporting by Milan Newsroom).  Full Article

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BRIEF-Monte Paschi CEO says close to deal with EU over restructuring plan

* Chief Executive Marco Morelli says confident he is close to an agreement with European authorities over bank's restructuring plan