trending Market Intelligence /marketintelligence/en/news-insights/trending/OU6wLZFSbLucQf1xm9bWrA2 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

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Popolare di Bari's €1.4B capital shortfall number may change

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good


Popolare di Bari's €1.4B capital shortfall number may change

Italy-based Banca Popolare di Bari SCpA's previously estimated capital shortfall of €1.4 billion is a rough estimate which needs to be confirmed, Reuters reported, citing one of its temporary administrators at a parliamentary hearing.

The due diligence process is expected to be completed in March, the newswire reported.

The ailing bank, which was placed under administration in December 2019, was in urgent need of fresh capital because an unsustainable cost of credit brought about by wayward lending practices and a recession. Its CEO Vincenzo De Bustis had asked for a capital infusion of €800 million to €1 billion in December.

The Italian government agreed to provide a capital injection of €900 million through Banca del Mezzogiorno - MedioCredito Centrale SpA.

The cooperative bank could receive some funds from Italy's deposit guarantee fund Fondo Interbancario di Tutela dei Depositi.

The bank will be converted into a state-owned joint stock company after the infusion of fresh capital.