Edition:
United States

Intesa Sanpaolo SpA (ISPn.MI)

ISPn.MI on Milan Stock Exchange

2.37EUR
24 Mar 2017
Change (% chg)

€0.00 (+0.17%)
Prev Close
€2.37
Open
€2.38
Day's High
€2.39
Day's Low
€2.36
Volume
6,996,344
Avg. Vol
8,053,165
52-wk High
€2.40
52-wk Low
€1.46

Latest Key Developments (Source: Significant Developments)

Intesa CEO hasn't changed mind after scrapping Generali bid
Thursday, 16 Mar 2017 08:29am EDT 

Intesa Sanpaolo Chief Executive Carlo Messina says: has not changed his mind after scrapping a possible bid on insurer Generali . lender's organic profits will be much bigger than those derived from acquisitions Further company coverage: [ISP.MI] [GASI.MI] (Reporting by Milan newsroom).  Full Article

Generali has no special defensive plans after Intesa - CEO
Thursday, 16 Mar 2017 08:01am EDT 

Assicurazioni Generali CEO Philippe Donnet says: has no special defensive plans after Intesa Sanpaolo dropped its interest in the insurer . best way to create value for shareholders is to successfully implement plan on standalone basis Further company coverage: [GASI.MI] (Reporting by Milan newsroom).  Full Article

Alitalia plan goes in reasonable direction-Intesa Sanpaolo CEO
Thursday, 16 Mar 2017 08:00am EDT 

Intesa Sanpaolo Spa Chief Executive Carlo Messina says: reasonable solution needed for Alitalia, of which bank is creditor and shareholder; believes restructuring plan is going in that direction . bank's medium-long term loans to families and companies in first 2 months of the year rose 23 percent to around 8 billion euros Further company coverage: [ISP.MI] (Reporting by Milan newsroom).  Full Article

Generali at 3.4 pct of Intesa after end of securities deal
Tuesday, 28 Feb 2017 10:11am EST 

The website of Italian bank Intesa Sanpaolo says: Generali stake in Intesa Sanpaolo is down to 3.4 percent after the closing of a securities lending transaction by the Italian insurer Further company coverage: [GASI.MI] (Reporting by Milan newsroom).  Full Article

Generali will talk about Intesa Sanpaolo stake on March 16 -CEO
Tuesday, 28 Feb 2017 03:47am EST 

Assicurazioni Generali Chief Executive Philippe Donnet says: Insurer has not yet made any decisions about its recently-acquired stake in Intesa Sanpaolo, will talk about it on March 16 Further company coverage: [GASI.MI] (Reporting by Milan newsroom).  Full Article

Intesa in talks with 14 banks to syndicate Rosneft deal loan -exec
Tuesday, 28 Feb 2017 02:09am EST 

Intesa Sanpaolo : Lender is talking to 14 banks to syndicate a 5.2 billion euro ($5.5 billion) loan it provided to fund the purchase of a 19.5 percent stake in Russia's Rosneft by Glencore and Qatar's sovereign wealth fund, said Antonio Fallico, chairman of Banca Intesa Russia. Further company coverage: [ISP.MI] ($1 = 0.9434 euros) (Reporting by Moscow Newsroom) ((jack.stubbs@thomsonreuters.com; +44 2075 427 477; Reuters Messaging: jack.stubbs.thomsonreuters.com@thomsonreuters.net)).  Full Article

Intesa chairman says no request yet from Generali for board seat
Wednesday, 22 Feb 2017 04:26am EST 

Intesa Sanpaolo Chairman Gian Maria Gros-Pietro says: No request to date from insurer Generali for a seat on the Intesa board Further company coverage: [GASI.MI] (Reporting by Milan newsroom).  Full Article

Alitalia to present revised business plan by end-Feb
Thursday, 16 Feb 2017 01:57pm EST 

Italian airlines Alitalia says: Revised business plan to be presented by the end of the month . Etihad Airways reaffirmed its commitment to support Alitalia's turnaround . Challenges remain to achieve cost structure that will allow company to remain competitive . Banking shareholders fully aligned in working towards successful future for airline Further company coverage: [CRDI.MI] (Reporting by Milan newsroom).  Full Article

Intesa chairman: there's nothing from which Generali needs to defend itself
Tuesday, 7 Feb 2017 04:53am EST 

Intesa Sanpaolo Chairman Gian Maria Gros-Pietro tells reporters: there is nothing from which Generali needs to defend itself . if bank decides to proceed with Generali tie-up, will communicate it Further company coverage: [ISP.MI] [GASI.MI] (Reporting by Milan newsroom).  Full Article

Intesa CEO says plan for Veneto banks key for value of Atlante stake
Friday, 3 Feb 2017 10:57am EST 

Intesa Sanpaolo CEO Carlo Messina tells analyst call: Possible further devaluation of Atlante stake in 2017 depends on outcome of plan that Popolare di Vicenza (BPVI) CEO Fabrizio Viola is working on . Viola is a good manager with a good knowledge of the banking sector and may succeed in mitigating a problematic situation . Expects Intesa's targeted NPL ratio of 10.5 pct in 2019 could meet ECB's demands . Has been in touch with regulator over NPL plan but there won't be a final approval from the ECB before the end of March Further company coverage: [ISP.MI] (Reporting by Milan Newsroom).  Full Article

More From Around the Web

Photo

Generali picks Rothschild to sell three Latam units: sources

LONDON Generali has asked advisory bank Rothschild to find a new owner for its subsidiaries in Colombia, Ecuador and Panama, sources told Reuters, as Italy's biggest insurer seeks to leave markets where it lacks scale.