Martedì, 23 Ottobre 2018

MPS shares under pressure again, lose 5% in early trading


Milan, January 24 - The stock of Monte dei Paschi
di Siena (MPS) came under more pressure on Thursday following a
major derivatives scandal, with the bank's share value losing 5%
in early trading.
The turmoil started on Tuesday, when reports emerged that a
three-year-old derivative deal with Japanese bank Nomura meant
that MPS would book an additional loss of at least 220 million
euros for 2012.
The news led to the resignation of MPS ex-chairman Giuseppe
Mussari from his post as chief of the Italian banking
association ABI.
Mussari denies any wrongdoing.
MPS shares lost 8% on Wednesday after dropping 5.7% on
Last year MPS, Italy's third-biggest lender and the world's
oldest bank still doing business, had to request 3.9 billion
euros in government aid due to possible losses from past
transactions related to its exposure to Italian State debt.

© Riproduzione riservata

* Campi obbligatori

Immagine non superiore a 5Mb (Formati permessi: JPG, JPEG, PNG)
Video non superiore a 10Mb (Formati permessi: MP4, MOV, M4V)


Accedi con il tuo account Facebook

Login con

Login con Facebook
  • Seguici su