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Banca Monte dei Paschi di Siena SpA (BMPS.MI)

BMPS.MI on Milan Stock Exchange

3.89EUR
19 Jan 2018
Change (% chg)

€-0.01 (-0.26%)
Prev Close
€3.90
Open
€3.90
Day's High
€3.91
Day's Low
€3.88
Volume
834,881
Avg. Vol
3,310,079
52-wk High
€5.26
52-wk Low
€3.27

Latest Key Developments (Source: Significant Developments)

Monte dei Paschi sells mezzanine tranche to Atlante in bad loan securitisation
Friday, 22 Dec 2017 01:39pm EST 

Dec 22 (Reuters) - Banca Monte Dei Paschi Di Siena says::SIGNED SALE OF 95 PERCENT OF MEZZANINE TRANCHE TO ITALIAN RECOVERY FUND (PREVIOUSLY ATLANTE II FUND) IN BAD LOAN SECURITISATION.SALE, WHICH WILL BE EFFECTIVE ON JAN. 9, IS PART OF ACCORD REACHED IN JUNE WITH ATLANTE'S MANAGER QUAESTIO.EXPECTS TO BE ABLE TO ACHIEVE DERECOGNITION OF BAD LOAN PORTFOLIO IN H1 2018 AFTER SELLING JUNIOR TRANCHE.FINANCIAL IMPACT OF BAD LOAN SECURITISATION HAS BEEN FULLY BOOKED IN H1 2017.  Full Article

Banca Monte Dei Paschi says Shareholders Approved Reduction In Share Capital In Amount Of 5.4 bln euros
Monday, 18 Dec 2017 07:24pm EST 

Dec 19 (Reuters) - Banca Monte Dei Paschi Di Siena Spa ::BANCA MONTE DEI PASCHI DI SIENA - ‍APPROVED REDUCTION IN SHARE CAPITAL DUE TO LOSSES IN AMOUNT OF EUR 5,364,181,090.83​.SHAREHOLDERS' MEETING SET NUMBER OF MEMBERS OF BOARD OF DIRECTORS AT 14, APPOINTED A DEPUTY CHAIRMAN​.STEFANIA BARIATTI APPOINTED AS NEW CHAIRPERSON.  Full Article

Monte dei Paschi shareholders appoint Stefania Bariatti as chairwoman
Monday, 18 Dec 2017 11:06am EST 

Dec 18 (Reuters) - Banca Monte dei Paschi di Siena::MONTE DEI PASCHI SHAREHOLDERS VOTE TO APPOINT STEFANIA BARIATTI AS CHAIRWOMAN.  Full Article

Monte Dei Paschi sees legal action against Bank of Italy, Ministry "difficult"
Monday, 18 Dec 2017 05:09am EST 

Dec 18 (Reuters) - In a statement, Italian lender Banca Monte Dei Paschi di Siena says: :"DIFFICULT" TO PURSUE LEGAL ACTION AGAINST BANK OF ITALY, ECONOMY MINISTRY AND MARKET REGULATOR CONSOB FOR ROLE IN BANK'S PROBLEMS .  Full Article

Italy's Monte dei Paschi says chairman unavailable for reappointement
Friday, 15 Dec 2017 12:17pm EST 

Dec 15 (Reuters) - Italy's Banca Monte dei Paschi di Siena says::CHAIRMAN ALESSANDRO FALCIAI IS UNAVAILABLE TO BE REAPPOINTED FOR PERSONAL REASONS.  Full Article

Italy Treasury has 68 pct of Monte Dei Paschi after bond conversion - filing
Wednesday, 29 Nov 2017 11:24am EST 

Nov 29 (Reuters) - Banca Monte dei Paschi di Siena::ITALY TREASURY STAKE IN MONTE DEI PASCHI AT 68.247 PERCENT AS OF NOV. 24 AFTER BOND CONVERSION - CONSOB FILING.  Full Article

Italy's Monte dei Paschi says 83.5 percent of shares tendered in conversion offer
Tuesday, 21 Nov 2017 01:16am EST 

Nov 21 (Reuters) - Italy's Banca Monte dei Paschi di Siena says:83.5 percent of total shares from upper tier II 2008-2018 subordinated bond conversion have been tendered in offer - provisional results.senior debt to be issued to service the offering is equal to 1.66 bln euros .provisional pro rata allocation ratio 92.3 percent.exchange date of offering will be Nov. 24 .  Full Article

Monte Dei Paschi says voluntary partial public offering for exchange and settlement
Monday, 30 Oct 2017 06:32pm EDT 

Oct 30 (Reuters) - Banca Monte Dei Paschi Di Siena Spa -:ENACTMENT OF DECREE OF ITALIAN MEP FOR THE PURCHASE OF THE SHARES THAT WILL BE TENDERED TO THE PUBLIC OFFERING‍​.VOLUNTARY PARTIAL PUBLIC OFFERING FOR EXCHANGE AND SETTLEMENT.  Full Article

Monte Paschi says could miss some targets if ECB confirms new bad loan proposal
Tuesday, 24 Oct 2017 07:30am EDT 

Oct 24 (Reuters) - Banca Monte Dei Paschi Di Siena Spa says in prospectus ahead of shares resuming trading:says that if the European Central Bank's new bad loans guidelines are approved without significant changes, the lender may need to raise coverage levels for loans turning sour from 2018 and could therefore miss some restructuring plan targets.potential legal claims in civil cases amount to 4.233 billion euros, bank had set aside 572 million euros as of June 2017.  Full Article

No orders on Monte Paschi shares without price limits on debut-bourse
Tuesday, 24 Oct 2017 03:46am EDT 

Oct 24 (Reuters) - Italy stock exchange says: :won't allow orders on Wednesday on Monte dei Paschi shares without price limits​.there will be no ‍starting reference price, no starting official price, no starting last price for Monte dei Paschi shares on Wednesday.  Full Article

Fitch Rates Banca Monte dei Paschi di Siena's Planned Tier 2 Notes 'CCC+(EXP)'

(The following statement was released by the rating agency) MILAN/LONDON, January 04 (Fitch) Fitch Ratings has assigned Banca Monte dei Paschi di Siena S.p.A.'s (MPS; B/Stable/b/B) planned subordinated debt issue an expected long-term rating of 'CCC+(EXP)' and a Recovery Rating of 'RR6'. The notes will be issued under MPS's EUR50 billion debt issuance programme and will qualify as Basel III-compliant Tier 2 debt. The final rating is contingent upon final documents conforming to the information a