News: Intesa Sanpaolo SpA (ISPn.MI)

ISPn.MI on Milan Stock Exchange

2.04EUR
17 Apr 2014
Price Change (% chg)

€0.03 (+1.39%)
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Thu, Apr 3 2014

Blackrock has 6.85 percent of Banco Popolare: Consob

MILAN - U.S. fund manager BlackRock , which has been on a shopping spree in Italy over the past six weeks, is now the biggest shareholder in Italian cooperative lender Banco Popolare with a 6.85 percent stake.

Top Intesa investor says not considering share sale

TURIN, Italy, April 1 - The top investor in Italy's biggest retail bank Intesa Sanpaolo is not considering cutting its holding in the bank, its chairman said on Tuesday.

Proxy adviser Glass Lewis backs Recchi as chairman of Telecom Italia

MILAN, March 31 - Proxy advisor Glass Lewis has recommended that Telecom Italia investors vote in favour of Giuseppe Recchi as chairman of the board when shareholders meet on April 16, it said in a document seen by Reuters.

Intesa to sell equity stakes by 2017 - CEO

MILAN, March 28 - Italy's Intesa Sanpaolo will in the next three years sell its stakes in airline Alitalia, Telecom Italia's holding company Telco and publisher RCS Mediagroup

Intesa says impact of Ukraine unit on bank is "negligible"

MILAN, March 28 - Ukraine accounts for just 0.2 percent of Intesa Sanpaolo's total assets so its impact on the Italian bank's balance sheet is "negligible", the lender's CEO Carlo Messina said on Friday.

Intesa CEO sees no M&A opportunity for now

MILAN, March 28 - Italy's biggest retail bank, Intesa Sanpaolo, does not see any opportunity for acquisitions for the time being, its CEO Carlo Messina said on Friday.

UPDATE 2-Intesa posts $6 bln loss in balance sheet clean-up

* Joins rival UniCredit in cleaning up balance sheet ahead of EU review

Intesa posts 4.55 bln euro loss in 2013 on writedowns

MILAN, March 28 - Intesa Sanpaolo, Italy's biggest retail bank, posted a net loss of 4.55 billion euros ($6.25 billion) in 2013 due to heavy writedowns on bad loans and impairments on the value of some of its units, it said on Friday.

Intesa Sanpaolo completes sale of its Pirelli stake

MILAN - Intesa Sanpaolo said on Thursday it had completed the sale of its 1.5 percent stake in tiremaker Pirelli announced earlier in the day, the Italian bank said on Thursday.

Blackrock becomes second biggest shareholder in Italy's Intesa

MILAN, Feb 21 - U.S. fund BlackRock has raised its stake in Italy's biggest retail bank Intesa Sanpaolo to 5 percent, becoming the lender's second biggest investor, according to Intesa's website.

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