Edition:
United Kingdom

Intesa Sanpaolo SpA (ISP.MI)

ISP.MI on Milan Stock Exchange

1.99EUR
18 Dec 2018
Change (% chg)

€0.01 (+0.61%)
Prev Close
€1.97
Open
€1.96
Day's High
€2.01
Day's Low
€1.95
Volume
95,631,383
Avg. Vol
122,975,180
52-wk High
€3.23
52-wk Low
€1.86

Latest Key Developments (Source: Significant Developments)

Intesa chairman says no cross-border bank M&A without uniform rules
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Intesa Sanpaolo Chairman Gian Maria Gros-Pietro says::THERE WON'T BE ANY CROSS-BORDER BANKING MERGERS IN EUROPE AS LONG AS DIFFERENCES PERSIST IN NATIONAL REGULATIONS.SEES RISK EUROPEAN BANKS COULD BE TAKEN OVER BY NON-EU RIVALS IN THE ABSENCE OF LEVEL PLAYING FIELD.  Full Article

Intrum And Intesa Sanpaolo Close Strategic Agreement To Create Servicer Of NPL In Italy
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Intrum Ab ::INTRUM AND INTESA SANPAOLO CLOSE STRATEGIC AGREEMENT TO CREATE MARKET LEADING SERVICER OF NON-PERFORMING LOANS (NPL) IN ITALY.ACCORDING TO PLAN, INTRUM AND INTESA SANPAOLO HAVE CLOSED AGREEMENT REGARDING ESTABLISHMENT OF A MARKET LEADING SERVICER OF NON-PERFORMING LOANS (NPLS) IN ITALY.INTRUM - SERVICING PLATFORM, INTRUM ITALY, IS MAJORITY OWNED BY INTRUM WITH INTESA SANPAOLO RETAINING A 49% MINORITY EQUITY STAKE.  Full Article

Intesa Sanpaolo CEO says stress tests are not a problem for the bank
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Intesa Sanpaolo CEO Carlo Messina says::stress tests are not a problem for the bank."what banking crisis... oh please!" in response to a question if he sees possible Treasury measures on the horizon on certain Italian banks.  Full Article

Astaldi's creditor Intesa favours consolidation in construction sector-chairman
Friday, 5 Oct 2018 

Oct 5 (Reuters) - Intesa Sanpaolo Chairman Gian Maria Gros Pietro says::WHEN ASKED ABOUT SALINI IMPREGILO'S INTEREST IN ASTALDI, SAYS BANK IN FAVOUR OF CONSOLIDATION IN CONSTRUCTION SECTOR.  Full Article

Intesa Sanpaolo CFO says cross-border mergers are difficult
Friday, 28 Sep 2018 

Sept 28 (Reuters) - Intesa Sanpaolo Chief Financial Officer Stefano Del Punta tells Banca IFIS NPL Meeting::SEES CROSS-BORDER BANKING MERGERS IN EUROPE AS DIFFICULT.  Full Article

Intesa SP is far from any development in search for Eurizon partner - CEO
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - Intesa Sanpaolo Chief Executive Carlo Messina says::HAS NO WORRY ABOUT BANKS' STRESS TEST."STILL VERY FAR" FROM REACHING AN OUTCOME IN SEARCH FOR A PARTNER FOR ASSET MANAGER EURIZON.  Full Article

Intesa chairman says no negative surprises from recent bond yield swings
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Intesa Sanpaolo Chairman Gian Maria Gros-Pietro tells reporters at Ambrosetti forum::SEES NO NEGATIVE SURPRISES FOR BANK'S EARNINGS FROM MOVEMENTS IN ITALIAN GOVERNMENT BOND YIELD SPREAD OF LAST FEW MONTHS.  Full Article

Intesa Sanpaolo reaches deal with unions over Intrum joint-venture
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Intesa Sanpaolo::SIGNED ACCORD WITH TRADE UNIONS IN RELATION TO BANK'S STRATEGIC PARTNERSHIP WITH INTRUM JUSTITIA.BANK COMMITTED TO INTERVENE IN FAVOUR OF WORKERS BEING TRANSFERRED TO 'TERSIA', THE COMPANY BEING SET UP WITH INTRUM, FOR 15 YEARS IN CASE OF LABOUR ISSUES.  Full Article

Intesa Sanpaolo Q2 Net Profit At EUR 927 Mln
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Intesa Sanpaolo SpA ::Q2 OPERATING INCOME DOWN 4.3 PERCENT VERSUS Q1 2018.H1 NET PROFIT EUR 2.18 BILLION EUROS.PRO-FORMA FULLY LOADED CET1 RATIO AT END-JUNE 13.6 VERSUS 13.4 PERCENT AT END-MARCH.Q2 NET PROFIT 927 MILLION EUROS VERSUS 866 MILLION EURO AVERAGE FORECAST IN REUTERS ANALYST POLL.SAYS GROSS IMPAIRED LOAN RATIO 9.3 PERCENT AT END-JUNE FROM 11.7 PERCENT AT END-MARCH.H1 LOAN WRITEDOWNS DOWN 17.9 PERCENT VERSUS H1 2017.THE DIVIDEND POLICY FOR 2018 ENVISAGES THE DISTRIBUTION OF AN AMOUNT OF CASH DIVIDENDS CORRESPONDING TO A PAYOUT RATIO OF 85% OF NET INCOME.SAYS INCREASE IN REVENUES, CONTINUOUS COST MANAGEMENT AND DECREASE IN COST OF RISK ARE ENVISAGED AS DRIVERS OF EXPECTED PERFORMANCE OF NET INCOME.EXPECTS NET INCOME IN 2018 TO GROW VERSUS 2017, EXCLUDING FROM 2017 PUBLIC CASH CONTRIBUTION FOR VENETO BANKS.Q2 FEES DOWN 1.1 PERCENT VERSUS Q1.  Full Article

Intesa Sanpaolo Reports Results Of Pre-Emption And Pre-Emptive Rights Offering Of Savings Shares
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Intesa Sanpaolo SpA ::REPORTS RESULTS OF PRE-EMPTION AND PRE-EMPTIVE RIGHTS OFFERING OF INTESA SANPAOLO SAVINGS SHARES.REPORTS 108,453 SAVINGS SHARES FOLLOWING WITHDRAWAL HAVE BEEN PURCHASED PURSUANT TO PRE-EMPTION AND PRE-EMPTIVE RIGHTS OFFERING.RIGHT OF WITHDRAWAL HAS BEEN EXERCISED IN RELATION TO A TOTAL OF 15,070,477 SHARES.AS A RESULT OF OFFERING, 14,962,024 SHARES FOLLOWING WITHDRAWAL REMAIN, VALUE OF WHICH IS EQUAL TO EURO 40,995,946.  Full Article

Italy's Saipem to sign deal this week for Russian LNG work - sources

MOSCOW/MILAN, Dec 18 Italian energy contractor Saipem plans to sign a deal this week with Novatek to build offshore platforms for the Russian firm's liquefied natural gas project, Arctic LNG 2, two sources close to talks told Reuters.