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Intesa Sanpaolo SpA (ISP.MI)

ISP.MI on Milan Stock Exchange

3.09EUR
19 Jan 2018
Change (% chg)

€-0.01 (-0.19%)
Prev Close
€3.09
Open
€3.08
Day's High
€3.11
Day's Low
€3.07
Volume
100,442,963
Avg. Vol
80,362,410
52-wk High
€3.11
52-wk Low
€2.06

Latest Key Developments (Source: Significant Developments)

Italy's Antitrust fines diamond brokers, banks for fraudulent practices
Monday, 30 Oct 2017 12:54pm EDT 

Oct 30 (Reuters) - Italy's Antitrust says::fines diamond brokers Diamond Private Investment (DPI) and Intermarket Diamond Business (IDB) for fraudulent commercial practices in selling diamonds through distributor banks.Banks are UniCredit, Banco BPM, Intesa Sanpaolo's Banca Intesa, and Banca Monte dei Paschi di Siena.total fine is 15.35 million euros, of which: 2 million euros for IDB, 4 million euros for UniCredit, 3.35 million euros for Banco BPM, 1 million euros for DPI, 3 million euros for Banca Intesa and 2 million euros for Monte dei Paschi.  Full Article

Compagnia di San Paolo sells 150 mln Intesa shares via placing -bookrunner
Tuesday, 10 Oct 2017 02:00am EDT 

Oct 10 (Reuters) - INTESA SANPAOLO SPA : BOOKRUNNER: :COMPAGNIA DI SAN PAOLO HAS SOLD 150 MILLION SHARES, OR 0.95 PCT OF ISSUED SHARE CAPITAL, OF INTESA‍​.PLACING SHARES WERE SOLD TO GOLDMAN SACHS FOR RESALE TO INSTITUTIONAL INVESTORS VIA ACCELERATED BOOKBUILD.COMPANY WILL NOT RECEIVE ANY PROCEEDS FROM THE PLACING.GOLDMAN SACHS INTERNATIONAL ACTED AS SOLE BOOKRUNNER ON THE PLACING.  Full Article

Block Trade - Bookrunner intends to offer 150 mln shares of Intesa Sanpaolo which it acquired from Compagnia Di San Paolo‍​
Monday, 9 Oct 2017 12:42pm EDT 

Oct 9 (Reuters) - Intesa Sanpaolo SpA :Block Trade-Intesa Sanpaolo SpA:Bookrunner announces intention to offer 150 million shares of Intesa Sanpaolo which it acquired from Compagnia Di San Paolo‍​.Block Trade-Intesa Sanpaolo SpA: placing by a resale to institutional investors by way of an accelerated bookbuilt offering.Block Trade-Intesa Sanpaolo SpA: bookrunner says placing shares represent 0.95% of company's issued ordinary share capital.  Full Article

Intesa wants to lead Italy's non-life insurance sector in 8 years
Tuesday, 26 Sep 2017 05:42am EDT 

Sept 26 (Reuters) - Intesa Sanpaolo CEO Carlo Messina tells journalists at a Bloomberg conference: :Aims to become leader in Italy's non-life insurance sector over next eight years.  Full Article

Intesa CEO says dividend is bank's priority, also for the future
Tuesday, 1 Aug 2017 10:01am EDT 

Aug 1 (Reuters) - Intesa Sanpaolo Spa CEO Carlo Messina tells a post-results conference call: :dividend is his and Intesa Sanpaolo's priority also for the future.impact of IFRS 9 rules is more than manageable for the bank.  Full Article

Intesa CEO says does not see need to increase coverage ratio on bad loans
Tuesday, 1 Aug 2017 10:01am EDT 

Aug 1 (Reuters) - Intesa Sanpaolo Spa CEO Carlo Messina tells a post-results conference call: :main goal on bad loan reduction is "not to give money to private equity funds".does not see need to increase coverage ratio on bad loans.expects to be in a position to improve NPL ratio targets in the future.  Full Article

Intesa CEO says no special dividend to be paid on 2017 accounts
Tuesday, 1 Aug 2017 09:35am EDT 

Aug 1 (Reuters) - Intesa Sanpaolo Spa CEO Carlo Messina says in post-results conference call::will not distribute special dividend, wants to use 2017 as basis for significantly better results in next plan.will not lower cost of risk to 40 basis points in 2017, wants to significantly improve it in coming years.  Full Article

Intesa CEO says Veneto deal will be EPS positive from 2018, no precise figures
Tuesday, 1 Aug 2017 08:00am EDT 

Aug 1 (Reuters) - Intesa Sanpaolo Spa CEO Carlo Messina tells analysts in a post-results conference call: :wants to give positive surprises to the market on costs in next business plan.expects neutral impact on eps from Veneto banks deal in 2017, will have positive impact from 2018.says majority of NPL reduction is coming from collections rather than disposals.sees huge potential from integration of Veneto banks, but is not in a position to give precise estimates of impact on Intesa's accounts.  Full Article

RCS Mediagroup signs agreement with Intesa Sanpaolo for EUR 332 mln financing
Wednesday, 5 Jul 2017 02:35am EDT 

July 5 (Reuters) - RIZZOLI CORRIERE DELLA SERA MEDIAGROUP SPA :HAS REACHED AGREEMENT WITH INTESA SANPAOLO <<>> FOR CREDIT LINES FOR TOTAL EUR 332 MLN VALID TILL DEC 31, 2022.CREDIT LINES TO BE USED FOR DEBT REFINANCING.  Full Article

Intesa Sanpaolo's purchase of good assets of Veneto banks credit positive - Moody's
Monday, 26 Jun 2017 01:42pm EDT 

June 26 (Reuters) - Moody's Investors Service says::Intesa Sanpaolo's acquisition of good assets of failing banks Veneto Banca and Banca Popolare di Vicenza is credit positive because they will increase the bank's current client base and unlock economies of scale.deal is credit positive for the Italian banking system as it addresses the risk of contagion, and shores up retail investors' confidence.  Full Article

Intesa agrees NPL reduction needs speeding up, rules out M&A -CEO

ROME, Jan 17 Intesa SanPaolo agrees that there must be an acceleration in the reduction of bad bank loans in Italy, its CEO said on Tuesday ahead of a meeting of the country's lenders with ECB's Chief Supervisor Daniele Nouy.