BMPS.MI: Summary for BCA MPS - Yahoo Finance

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  • Reuters12 days ago

    Most bad loans in Italian banks do not require quick sale - Visco

    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.

  • Monte Paschi Bailout Plan Has Some ECB Supervisors Grumbling
    Bloomberg27 days ago

    Monte Paschi Bailout Plan Has Some ECB Supervisors Grumbling

    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 ...

  • Reuterslast month

    ECB's Nouy says some banks may need to be shut

    Some euro zone banks may need to be shut if they become unviable, the European Central Bank's top supervisor said on Thursday, as the Italian government seeks to bail out two regional lenders. Daniele Nouy, the head of the ECB's supervisory arm, told the European Parliament there were too many banks in the euro zone and called for Frankfurt to be given greater discretion when deciding how much capital they must hold.