Banca Monte dei Paschi di Siena SpA (BMPS.MI)
22 Dec 2016
(The following statement was released by the rating agency) MILAN/LONDON, July 14 (Fitch) Fitch Ratings is maintaining Banca Monte dei Paschi di Siena SpA's (BMPS, B-/RWE/B/RWN) mortgage covered bonds (Obbligazioni Bancarie Garantite, OBG) - rated 'BBB' - on Rating Watch Evolving (RWE). The OBG are guaranteed by MPS Covered Bond S.r.l.. The OBG was first placed on RWE when BMPS's Long-Term Issuer Default Rating (IDR) of 'B-' was placed on the same watch (see "Fitch Places Banca Monte dei Paschi
July 5 Italy's Monte Dei Paschi Chief Executive Marco Morelli tells journalist during a press conference in Milan:
July 5 Banca Monte Dei Paschi Di Siena CEO Marco Morelli tells analysts in a conference call:
* State committed over 20 bln euros to rescue banks in last week
* Italian treasury minister Pier Carlo Padoan says state will have 70 pct of Monte dei Paschi as a result of bailout
* Chief Executive Marco Morelli says confident he is close to an agreement with European authorities over bank's restructuring plan
April 12 Banca Monte dei Paschi di Siena Chief Executive Marco Morelli tells shareholder meeting:
FRANKFURT European authorities will soon decide on a public rescue plan for Italian bank Monte dei Paschi di Siena and are working on similar requests from two smaller lenders, the European Central Bank's top supervisor said on Monday.
ROME/BRUSSELS Italy's plans to bail out two regional banks pose a tough dilemma to European regulators, who are still considering whether Monte dei Paschi qualifies for state aid, three months after giving a preliminary green light.
BRUSSELS Italy's finance minister said he had had a good discussion with EU competition chief Margrethe Vestager on Tuesday on plans to support ailing bank Monte dei Paschi di Siena with public money, but indicated there was no date set to reach a deal.