|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||3.26 - 3.26|
|52 Week Range||2.11 - 3.55|
|PE Ratio (TTM)||6.85|
|Forward Dividend & Yield||0.20 (5.85%)|
|1y Target Est||N/A|
Sep.26 -- Carlo Messina, chief executive officer at Intesa Sanpaolo SpA, discusses the state of the Italian banking industry. He speaks with Bloomberg's Francine Lacqua at the Bloomberg European Banking Conference on "Bloomberg Markets: European Open."
MILAN (AP) — Italian bank Intesa SanPaolo SpA says its third-quarter profits rose 16 percent on higher net fees and commissions.
Two major creditors of Banca Carige (CRGI.MI) have taken up a debt exchange offer which is a key plank of the troubled Italian bank's capital raising efforts, sources close to the matter said. After Rome rescued larger rival Monte dei Paschi di Siena (BMPS.MI) and liquidated two failing regional banks this year, Carige has come into focus as the last large Italian bank still in difficulty following a deep recession. The European Central Bank has given Italy's ninth-largest bank until the end of December to strengthen its capital.
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Intesa Sanpaolo SpA. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bullish ... Read more (Read more...)
Shares in Italy's Pirelli (PIRC.MI) fell on Wednesday on the tyremaker's return to the Milan stock exchange two years after it was taken over by China National Chemical Corp (ChemChina). The stock fell as much as 3.4 percent during the day, with a trader saying that while the IPO price had been cut it was still considered to be overvaluing the company. Despite being one of Italy's best-known corporate names, prospective investors had raised concerns over Pirelli's debt pile, complex governance structure and the risk that one of the existing minority shareholders could sell once a lock-up expires.
Categories: Yahoo FinanceGet free summary analysis Intesa Sanpaolo SpA reports financial results for the quarter ended June 30, 2017. We analyze the earnings along side the following peers of Intesa Sanpaolo SpA – National Commerce Corp. (Alabama) and Northeast Bancorp (NCOM-US and NBN-US) that have also reported for this period. Highlights Summary numbers: Revenues of USD 12,768.33 ... Read more (Read more...)
MOSCOW/BEIJING, Sept 8 (Reuters) - Chinese conglomerate CEFC will buy a 14.16 percent stake in Russian oil major Rosneft for $9.1 billion from a consortium of Glencore and the Qatar Investment Authority, strengthening the energy partnership between Moscow and Beijing. CEFC China Energy has grown in recent years from a niche oil trader into a sprawling energy conglomerate and the transaction will allow China, the world's second largest energy consumer, to boost cooperation with the world's top oil producer.
Glencore and Qatar have agreed to sell the bulk of their nearly 20% stake in Russian state-controlled oil giant Rosneft to a Chinese energy company in a deal worth about $9 billion.
Italian bank Intesa Sanpaolo will recoup a 5.2 billion euros ($6.3 billion) loan as a result of Chinese conglomerate CEFC's acquisition of a 14.16 percent stake in Russian oil major Rosneft, the lender said on Friday. Intesa had extended the loan to help commodities trader Glencore (GLEN.L) and the Qatar Investment Authority buy a 19.5 percent stake in Rosneft. Glencore and QIA sold most of that stake to CEFC for $9.1 billion in a deal unveiled earlier on Friday.
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Intesa Sanpaolo SpA. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bullish ... Read more (Read more...)
Bad loans in Slovenian banks totalled 3 billion euros ($3.6 billion) or 7.3 percent of all lending at the end of July, down from 7.5 percent in June and 8.5 percent at the end of 2016, the Bank of Slovenia said on Friday. Robust economic growth and banks successfully working through their portfolios has been steadily bringing the level of bad loans down in Slovenia over recent years. The government expects GDP growth of at least 3.6 percent this year, based on rising exports and investment while the OECD forecasts Slovenia's GDP growth this year of 4.5 percent.
Slovenian banks cut bad loans, whose repayment has been delayed by 90 days or more, to 3.1 billion euros ($3.70 billion) in June, or 7.5 percent of all loans, down from 7.7 percent a month before, the Bank of Slovenia said on Wednesday. It also said banks had made a joint net profit of 233 million euros in the first six months of the year, down from 249 million in the same period of 2016, mainly due to lower interest rate income. In that year the government narrowly avoided an international bailout for its banking sector.
LONDON/MILAN (Reuters) - Italian bank Intesa Sanpaolo has encountered problems syndicating a loan to Glencore and Qatar's wealth fund to finance their purchase of a stake in the Kremlin-controlled oil major Rosneft because of new U.S. sanctions against Russia. Four banking sources told Reuters that Western banks including from the United States and France have so far put on hold their participation in the syndication of the 5.2 billion euro ($6.13 billion) loan that Intesa provided last year. Intesa (ISP.MI) invited about 15 banks to join the loan when it opened the syndication in May. A loan of this size would normally take between four and six weeks to syndicate, though deals involving emerging markets can sometimes take a few weeks longer.
MILAN (AP) — Italian bank Intesa SanPaolo says its second-quarter profit dipped as it moved ahead with integrating two local banks it had helped rescue.
Rating Action: Moody's assigns a Ba2 Corporate Family Rating and Ba2 senior secured ratings to LHC3 plc as part of the proposed acquisition of Allfunds Bank; outlook stable. Global Credit Research- 24 ...
A decade has passed since the start of the financial crisis, but when it comes to handling struggling banks, the European Union still hasn’t moved on.