News: Banco Popolare Sc (BPSAY.PK)

BPSAY.PK on OTC Markets Group

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9 Dec 2014
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Mon, Dec 15 2014

Banco Popolare gets BBB/R-2 (high) rating from DBRS

MILAN, Dec 15 - Italian lender Banco Popolare said on Monday rating agency DBRS had assigned it a long- and short-term credit rating of "BBB/R-2 (high)" with negative Trend.

Blackrock cut stake in Italy's Banco Popolare to 4.9 percent: filing

MILAN - U.S. investment firm Blackrock has lowered its stake in Italian cooperative bank Banco Popolare , according to a regulatory filing on Friday which showed a holding of 4.91 percent as of Nov. 21.

Blackrock cut stake in Italy's Banco Popolare to 4.9 pct-filing

MILAN, Nov 28 - U.S. investment firm Blackrock has lowered its stake in Italian cooperative bank Banco Popolare, according to a regulatory filing on Friday which showed a holding of 4.91 percent as of Nov. 21.

Banco Popolare CEO says no more cash calls while he is in charge

BERGAMO, Italy, Oct 2 - The chief executive of Banco Popolare said on Thursday the bank will not ask shareholders for more cash as long as he is in the job, adding he was confident the Italian lender will pass pan-European stress tests of banks.

Deals of the day- Mergers and acquisitions

Aug 8 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

Banco Popolare discussing sale of 300-400 mln euro bad debt "cluster"-CEO

MILAN, Aug 8 - Italy's Banco Popolare is looking to sell chunks of soured loans after pulling the sale of a majority stake in its bad debt unit earlier this year and is currently in talks over the disposal of a 300-400 million euro pool, its CEO said on Friday.

Banco Popolare Q2 net profit beats estimates, loan charges rise

MILAN, Aug 8 - Banco Popolare, Italy's fourth biggest bank, beat expectations by posting a net profit of 24.9 million euros ($33 million) in the second quarter but said charges for losses on bad debts had risen in the period from a year earlier.

Banco Popolare to seek mergers, freezes bad debt unit sale

MILAN, June 29 - Italy's fourth-biggest lender Banco Popolare will look at merger opportunities once it has passed a Europe-wide health check of the sector, and has cancelled the sale of its bad debt unit for now, its CEO told daily Il Sole 24 Ore in an interview.

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