- Reuters•6 days ago
Ratings agency Fitch downgraded Italy's sovereign debt on Friday, citing the country's sluggish economic growth, fiscal slippage, weak government, banking problems and political risk ahead of elections due in 2018. Fitch cut Italy's sovereign credit rating to 'BBB' from 'BBB+', a move that could put further pressure on its borrowing costs which have already been rising in recent months.
- Reuters•18 days ago
Most bad loans held by Italian banks do not need to be sold immediately, the governor of the Bank of Italy said on Tuesday, in a bid to quell pressure on banks saddled with soured credit. In absolute terms, Italy is the EU country with the highest level of non-performing loans (NPLs) on bank balance sheets, data from the European Banking Authority (EBA) show, a burden that reduces their ability to lend to companies and households. "The majority of bad loans are held by banks whose financial position does not require to sell them immediately," Ignazio Visco told European Union lawmakers at a hearing in the economic affairs committee of the EU parliament.
- Bloomberg•last month
When the European Central Bank declared Banca Monte dei Paschi di Siena SpA solvent last December, the first step toward a state-funded rescue, some members of the 19-nation Supervisory Board weren’t fully ...
BMPS.MI: Summary for BCA MPS - Yahoo Finance
BCA MPS (BMPS.MI)
Milan - Milan Delayed price. Currency in EUR
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|Day's range||14.71 - 17.00|
|52-week range||14.71 - 17.00|
|PE ratio (TTM)||N/A|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|