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

BMPS.MI on Milan Stock Exchange

19.50EUR
2 Dec 2016
Change (% chg)

€-1.11 (-5.39%)
Prev Close
€20.61
Open
€20.30
Day's High
€21.12
Day's Low
€19.50
Volume
1,176,553
Avg. Vol
985,240
52-wk High
€149.00
52-wk Low
€16.15

Latest Key Developments (Source: Significant Developments)

Monte dei Paschi director says board meeting on rescue plan "went well"
Friday, 29 Jul 2016 01:54pm EDT 

Banca Monte dei Paschi di Siena: Board member Fiorella Bianchi says meeting on rescue plan now over, "everything went well" Further company coverage: [BMPS.MI] (Reporting by Milan newsroom).  Full Article

UBS CEO says bank is ready to respond to any Brexit impact - CNBC
Friday, 29 Jul 2016 01:39am EDT 

UBS CEO Ermotti tells CNBC: Says bank is flexible and ready to respond to any Brexit impact . Declines to comment on Monte Dei Paschi rescue speculation Further company coverage: [UBSG.S] (Reporting By Zurich newsroom) ((zurich.newsroom@thomsonreuters.com; +41 58 306 7336;)).  Full Article

Monte dei Paschi shares suspended from trading after 4.9 pct drop
Tuesday, 26 Jul 2016 03:19am EDT 

Italy's Banca Monte Dei Paschi: Shares in the lender are suspended from trading after 4.9 percent drop at the market open on Tuesday . the stock fell 8.4 percent on the Milan bourse on Monday Further company coverage: [BMPS.MI] (Reporting by Milan newsroom).  Full Article

Monte Paschi not on agenda of UBI management board meeting - spokesman
Monday, 25 Jul 2016 02:32am EDT 

UBI Banca spokesman says: Banca Monte dei Paschi di Siena is not on the agenda of an UBI Banca management board meeting scheduled for Tuesday Further company coverage: [UBI.MI] [BMPS.MI] (Reporting by Milan newsroom).  Full Article

Moody's sees 2-5 bln euro capital shortfall at Monte Paschi with bad debt sale
Friday, 15 Jul 2016 01:18pm EDT 

Moody's says: may cut Monte dei Paschi's B3 Long Term senior unsecured rating due to rising likelihood of bank requiring external support. . cuts Monte dei Paschi's subordinated and junior subordinated ratings to 'Ca' and 'Ca(hyb)' from 'Caa3' and 'Caa3(hyb)' as it believes these securities would likely suffer significant losses if bank receives external support unless current bail-in rules are waived. .estimates sale of problem loans would result in capital shortfall of between 2 and 5 billion euros.  Full Article

Banca Carige, Monte dei Paschi jump as market bets on bad debt solution
Wednesday, 13 Jul 2016 07:21am EDT 

Banca Carige: shares in the bank rise 11.8 percent to 0.387 euros by 1105 GMT after touching a daily high of 0.390 euros . the Genoa-based lender is the top-performer among Italian banks, with Monte dei Paschi following with a 11-percent rise . the market is betting on a possible solution to manage Italian lenders' large bad debt problem . Monte dei Paschi di Siena and Banca Carige emerged as the two weakest banks in a health check of euro zone lenders at the end of 2014 Further company coverage: [CRGI.MI] (Reporting by Milan newsroom).  Full Article

UBI denies press report it could be interested in Monte dei Paschi
Friday, 8 Jul 2016 09:09am EDT 

UBI Banca CEO Vistor Massiah says: denies a press report saying UBI could be interested in Monte dei Paschi . a press report on Friday says UBI would be open to the possibility of a merger with the Tuscan-based lender once it has shed some of its non-performing loans Further company coverage: [UBI.MI][BMPS.MI] (Reporting by Milan newsroom).  Full Article

Italy's Consob bans net short positions on Monte Paschi to Oct. 5
Wednesday, 6 Jul 2016 01:02pm EDT 

Italy's market watchdog Consob says: bans net short positions on Monte dei Paschi shares for three months, starting from July 7 until Oct. 5 .the ban applies to all transactions and it also affects market makers.  Full Article

UBI Banca has no tie-up plan with Monte dei Paschi
Wednesday, 6 Jul 2016 04:27am EDT 

UBI Banca: Spokesman reiterates there is no plan on the table for a tie up with Banca Monte dei Paschi di Siena . Il Messaggero newspaper on Wednesday said the government saw a tie-up with UBI as one of the few market solutions to deal with Monte dei Paschi's capital problems Further company coverage: [UBI.MI][BMPS.MI] (Reporting by Milan newsroom).  Full Article

Italy's Consob bans Monte dei Paschi short selling on July 6
Tuesday, 5 Jul 2016 01:51pm EDT 

Italy's market watchdog Consob says: temporarily bans short selling on shares of Banca Monte dei Paschi di Siena . ban will be in place for the whole of the stock market session on July 6 Further company coverage: [BMPS.MI] (Reporting by Milan newsroom).  Full Article

Italy econ min says Monte Paschi recapitalisation plan works

ROME, Nov 25 A 5 billion euro ($5.3 billion) recapitalisation plan to keep Banca Monte dei Paschi di Siena (MPS) in business will work, Italian Economy Minister Pier Carlo Padoan said on Friday.