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Mediobanca Banca di Credito Finanziario SpA (MDBI.MI)

MDBI.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

BRIEF-UniCredit agrees sale of Italy non-performing consumer loans with MBCredit Solutions
Friday, 12 Apr 2019 

Adds dropped words in headline:MBCREDIT SOLUTIONS HAS SIGNED AN AGREEMENT WITH UNICREDIT TO ACQUIRE A PORTFOLIO OF UNSECURED NON-PERFORMING CONSUMER CREDIT LOANS FOR A NOMINAL VALUE OF AROUND 210 MILLION EUROS.  Full Article

Mediobanca CEO says Generali stake sale depends on M&A opportunities
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Mediobanca CEO Alberto Nagel says::CONFIRMS INTENTION TO SELL STAKE IN GENERALI TO BUY BANKING ASSETS.SALE OF GENERALI STAKE DEPENDS ON M&A OPPORTUNITIES.  Full Article

Mediobanca 6-Mth Net Profit At EUR 451 Mln
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Mediobanca Banca di Credito Finanziario SpA ::6-MONTH NET PROFIT OF €451M AND ROTE 11%.6-MONTH REVENUE EUR 1.28 BILLION, UP 9PCT YOY.CET1 RATIO AT END-DEC AT 13.9 PERCENT INCLUDING APPROX. 40 BPS DEDUCTION DUE TO BUYBACK (ALL UPFRONT).6-MONTH LOAN LOSS PROVISIONS EUR 109.5 MILLION VERSUS EUR 113.2 MILLION YEAR AGO.EXTENSION TO DANISH COMPROMISE FOR ASSICURAZIONI GENERALI STAKE UNTIL 2024.SREP: CET1 CONFIRMED AT 8.25% FOR 2019.  Full Article

Infront in EUR 8.5 mln deal to buy Italy's Market Connect
Friday, 16 Nov 2018 

Nov 19 (Reuters) - Infront Asa ::AGREED TO ACQUIRE OPERATIONS OF MARKET CONNECT DIVISION FROM SPAFID CONNECT S.P.A, A SUBSIDIARY OF MEDIOBANCA.AGREED PURCHASE PRICE IS EUR 8.5 MILLION IN CASH.ACQUISITION OF MARKET CONNECT IS EXPECTED TO INCREASE INFRONT'S REVENUES BY APPROX. NOK 125M ON AN ANNUAL BASIS.  Full Article

Mediobanca CEO says hasn't received offers for 3-pct Generali stake
Saturday, 27 Oct 2018 

Oct 27 (Reuters) - Mediobanca CEO Alberto Nagel tells annual general meeting::.  Full Article

Mediobanca CEO says supports growth options at Generali
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Mediobanca CEO Alberto Nagel says::WILL EVALUATE SALE OF 3 PERCENT STAKE IN GENERALI IN RELATION TO CAPITAL NEEDS TO FUND POSSIBLE EXPANSIONS IN BANK'S VARIOUS BUSINESS SEGMENTS, INSURER'S STOCK PRICE IS NOT THE ONLY ELEMENT.IN FAVOUR OF OPTIONS, BOTH ORGANIC AND NON, THAT SUPPORT GENERALI'S NET INCOME GROWTH AND PRESERVE IDENTITY OF INSURER WITH ITALIAN CORE BASE AND INTERNATIONAL FOOTPRINT.TO DEDUCT REMAINING 20 PCT OF GENERALI STAKE BY YEAR-END SO THAT POSSIBLE SHOCKS IN INSURANCE SECTOR WOULD NOT AFFECT CAPITAL.  Full Article

Bollore Group to withdraw from Mediobanca shareholder pact from Jan 1
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - Mediobanca Banca di Credito Finanziario says::RECEIVED LETTER FROM FINANCIÈRE DU PERGUET OF BOLLORÉ GROUP STATING ITS INTENTION TO WITHDRAW EARLY FROM SHAREHOLDERS AGREEMENT WITH EFFECT FROM JAN 1.BOLLORE GROUP DECIDED TO WITHDRAW EARLY FROM SHAREHOLDER PACT TO USE ITS ASSETS MORE FLEXIBLY.BOLLORÉ GROUP INTENDS TO RETAIN OWNERSHIP OF INTEREST, EXPRESSED SATISFACTION AT COMPANY'S, SUPPORTS ITS STRATEGY AND MANAGEMENT.  Full Article

Mediobanca Unit Reaches Agreement To Buy 19.9 Pct Of BFI Finance
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Mediobanca Banca di Credito Finanziario SpA ::UNIT REACHES AGREEMENT TO BUY 19.9 PERCENT OF PT BFI FINANCE INDONESIA TBK.CLOSING EXPECTED BY END-2018.THE IMPACT ON THE MEDIOBANCA GROUP'S CAPITAL RATIOS WILL BE APPROX. 30 BPS.  Full Article

Mediobanca sees growth next year, will press ahead with acquisitions
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Italy's Mediobanca Chief Executive Alberto Nagel says in a post-results conference call::BUYBACK SCHEME ALSO APPROVED FOR POTENTIAL PARTNERSHIPS IN ASSET MANAGEMENT AND OTHER SECTORS.SEES 2018-2019 AS YEAR OF GROWTH.WILL NOT REVISE OR UPDATE PLAN TARGETS, BANK WILL GO AHEAD WITH "SAME PACE".WILL GO AHEAD WITH ACQUISITIONS, IN WEALTH MANAGEMENT AND CONSUMER BANKING SECTORS.ITALY'S POLITICAL SITUATION DID NOT HAVE IMPACT ON BANK'S INVESTMENT BANKING ACTIVITY, INTEREST FOR ITALIAN ASSETS STILL VERY HIGH.CONFIRMS BANK INTENDS TO SELL STAKE IN INSURER GENERALI BY JUNE 2019, SALE CAN BE CARRIED OUT IN SEVERAL WAYS, EVALUATING OPPORTUNITIES.  Full Article

MBcredit Solutions to buy 204 mln euros in bad consumer loans from UniCredit
Wednesday, 20 Jun 2018 

June 20 (Reuters) - UniCredit::MBCREDIT SOLUTIONS SAYS BUYS 124 MILLION EUROS IN NON-PERFORMING CONSUMER LOANS FROM UNICREDIT, HAS ACCORD TO BUY FURTHER 80 MILLION EUROS IN REST OF 2018.MBCREDIT SOLUTIONS OWNS NON-PERFORMING PORTFOLIO OF AROUND 4.4 BLN EUROS.  Full Article

UPDATE 1-Mediobanca could use own shares to help fund Kairos deal

MILAN, July 31 Italy's Mediobanca could use its treasury shares in a potential acquisition of Julius Baer's asset manager Kairos after it raised the target for its buyback programme, Chief Executive Albert Nagel said on Wednesday.