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Intesa Sanpaolo SpA (ISPn.MI)

ISPn.MI on Milan Stock Exchange

2.68EUR
15 Dec 2017
Change (% chg)

€-0.02 (-0.59%)
Prev Close
€2.70
Open
€2.70
Day's High
€2.70
Day's Low
€2.63
Volume
27,720,655
Avg. Vol
4,946,443
52-wk High
€2.82
52-wk Low
€1.99

Latest Key Developments (Source: Significant Developments)

Banca IFIS buys two bad loan portfolios for 336 mln euros
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Banca IFIS::CLOSES TWO MORE NPL DEALS FOR A TOTAL OF 336 MILLION EUROS.CONFIRMS FORECAST OF 5 BILLION EURO TOTAL PURCHASES THIS YEAR.SEES TOTAL OF 13.2 BILLION EUROS IN NPL RECEIVABLES IN PORTFOLIO AT END-2017, CONFIRMING POSITION AS MARKET LEADER IN UNSECURED, RETAIL SEGMENT.ONE OF THE TWO DEALS WAS WITH INTESA SANPAOLO ON UNSECURED RECEIVABLES FROM LEASING CONTRACTS WITHOUT GUARANTEE FOR NOMINAL 85 MILLION EUROS.SECOND PORTFOLIO IS FROM ITALIAN COMPANY ACTIVE IN NPL MARKET HAS NOMINAL VALUE OF 251 MILLION EUROS.  Full Article

BRIEF-Intesa to consider any new redundancy requests after Veneto banks deal
Thursday, 30 Nov 2017 

Corrects alert and story to show that redundancies not all from Veneto banks but also from within Intesa Sanpaolo:ANY ADDITIONAL REQUESTS FOR VOLUNTARY REDUNDANCIES ON TOP OF THE 4000 ALREADY AGREED AFTER VENETO BANKS DEAL MAY BE ACCEPTED..  Full Article

Italy's Intesa to consider any new redundancy requests from Veneto banks
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Italy's Intesa Sanpaolo Chairman Gian Maria Gros-Pietro says::ANY ADDITIONAL REQUESTS FOR VOLUNTARY REDUNDANCIES FROM VENETO BANKS ON TOP OF THE 4000 ALREADY AGREED MAY BE ACCEPTED.  Full Article

IDeAMI To Be Listed On AIM Italia By Mid-Dec
Monday, 27 Nov 2017 

Nov 27 (Reuters) - DEA CAPITAL SPA : :PROMOTES WITH INTESA SANPAOLO <<>> UNIT BANCA IMI SPECIAL PURPOSE ACQUISITION COMPANY IDEAMI.IDEAMI TO BE LISTED ON AIM ITALIA BY MID-DEC.IDEAMI AIMS TO RAISE EUR 200 MLN, AMOUNT WHICH CAN BE INCREASED TO EUR 250 MLN.IDEAMI TARGETS ITALIAN NON-LISTED MID CAP COMPANY.  Full Article

S&P says positive actions taken on Italian banks on reduced economic risks, sovereign upgrade
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - S&P-:POSITIVE ACTIONS TAKEN ON ITALIAN BANKS ON REDUCED ECONOMIC RISKS AND SOVEREIGN UPGRADE.RAISING LONG- AND SHORT-TERM RATINGS ON 11 ITALIAN FINANCIAL INSTITUTIONS AND A FOREIGN FINANCIAL INSTITUTION BRANCH IN ITALY.BETTER ECONOMIC PROSPECTS MAY SUSTAIN PRIVATE SECTOR CREDITWORTHINESS, TO HELP ITALIAN DOMESTIC BANKS TO REDUCE STOCK OF NONPERFORMING EXPOSURES.RAISED THE LONG-TERM AND SHORT-TERM ISSUER CREDIT RATINGS ON INTESA SANPAOLO, UNICREDIT, FCA BANK.  Full Article

Italy's Antitrust fines diamond brokers, banks for fraudulent practices
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Italy's Antitrust says::fines diamond brokers Diamond Private Investment (DPI) and Intermarket Diamond Business (IDB) for fraudulent commercial practices in selling diamonds through distributor banks.Banks are UniCredit, Banco BPM, Intesa Sanpaolo's Banca Intesa, and Banca Monte dei Paschi di Siena.total fine is 15.35 million euros, of which: 2 million euros for IDB, 4 million euros for UniCredit, 3.35 million euros for Banco BPM, 1 million euros for DPI, 3 million euros for Banca Intesa and 2 million euros for Monte dei Paschi.  Full Article

Compagnia di San Paolo sells 150 mln Intesa shares via placing -bookrunner
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - INTESA SANPAOLO SPA : BOOKRUNNER: :COMPAGNIA DI SAN PAOLO HAS SOLD 150 MILLION SHARES, OR 0.95 PCT OF ISSUED SHARE CAPITAL, OF INTESA‍​.PLACING SHARES WERE SOLD TO GOLDMAN SACHS FOR RESALE TO INSTITUTIONAL INVESTORS VIA ACCELERATED BOOKBUILD.COMPANY WILL NOT RECEIVE ANY PROCEEDS FROM THE PLACING.GOLDMAN SACHS INTERNATIONAL ACTED AS SOLE BOOKRUNNER ON THE PLACING.  Full Article

Block Trade - Bookrunner intends to offer 150 mln shares of Intesa Sanpaolo which it acquired from Compagnia Di San Paolo‍​
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Intesa Sanpaolo SpA :Block Trade-Intesa Sanpaolo SpA:Bookrunner announces intention to offer 150 million shares of Intesa Sanpaolo which it acquired from Compagnia Di San Paolo‍​.Block Trade-Intesa Sanpaolo SpA: placing by a resale to institutional investors by way of an accelerated bookbuilt offering.Block Trade-Intesa Sanpaolo SpA: bookrunner says placing shares represent 0.95% of company's issued ordinary share capital.  Full Article

Intesa Sanpaolo says unnecessary requirements for banks should be avoided
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Intesa Sanpaolo Chairman Gian Maria Gross-Pietro, asked about new guidelines for bad loans proposed by the European Central Bank, says::it's important not to impose unnecessary requirements on banks.is confident there will be a solution that takes into account the needs of all players .  Full Article

Veneto Banca grants exclusive talks to Attestor over BIM sale
Friday, 29 Sep 2017 

Sept 29 (Reuters) - Veneto Banca says::signs agreement with Attestor Capital LLP for exclusive talks aimed at selling the lender's stake in Banca Intermobiliare (BIM).exclusive talks period to last to October 20.  Full Article

Deals of the day-Mergers and acquisitions

Dec 15 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday: