trending Market Intelligence /marketintelligence/en/news-insights/trending/hnruQweJQ3_uQiCAIA4OfQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

MPS CEO says Italy still in talks with EC after media report claims otherwise

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

MPS CEO says Italy still in talks with EC after media report claims otherwise

The Italian Treasury is still in talks with the European Commission to further reduce Banca Monte dei Paschi di Siena SpA's stock of soured debt, the bank's CEO Marco Morelli told Reuters, following media reports claiming the negotiations had faltered.

Italian daily newspaper la Repubblica reported earlier in the day that the EC had rejected the Italian Treasury's plan and that the lender had received expressions of interest from two private equity funds, Reuters said, adding that one of its sources had confirmed the expressions of interest.

The Italian government has been in discussions with the EC over a plan to spin off roughly €10 billion of Monte dei Paschi's bad loans into a separate company, which would then be merged with state-owned loan manager AMCO, formerly known as Società Per La Gestione Di Attività - S.G.A. SpA.

Sources told the newswire that the talks are currently focused on determining whether the scheme complies with EU rules on state aid.