News: Banco Popolare Sc (BPSAY.PK)
9 Dec 2014
Mon, Dec 15 2014
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.
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.
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.
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.
Aug 8 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
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.
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.
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.