Depreciation costs Montepaschi 730 million - AD.nl
Banca Monte dei Paschi de Siena (MPS) to 730 million due to write off losses on derivative transactions outside the books were kept so far. That made the Italian bank announced today. Further losses are not expected, said CEO Fabrizio Viola.
The oldest bank in Italy recently had to call for the second time since the 2008 financial crisis hit Europe on State aid. The trading losses, which came to light last fall, are an important cause. Also sigh the bank under the overpriced 2007 acquisition of the former ABN Amro subsidiary Antonveneta. Investors reacted with relief to the publication of the final damages. The proportion headed at the fair in Milan 5.9 percent higher. Also Judge hears central bank Monte Paschi Oldest bank in the world 'concealed million loss' Take a subscription to the AD
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Banca Monte dei Paschi de Siena (MPS) to 730 million due to write off losses on derivative transactions outside the books were kept so far. That made the Italian bank announced today. Further losses are not expected, said CEO Fabrizio Viola.
The oldest bank in Italy recently had to call for the second time since the 2008 financial crisis hit Europe on State aid. The trading losses, which came to light last fall, are an important cause. Also sigh the bank under the overpriced 2007 acquisition of the former ABN Amro subsidiary Antonveneta. Investors reacted with relief to the publication of the final damages. The proportion headed at the fair in Milan 5.9 percent higher. Also Judge hears central bank Monte Paschi Oldest bank in the world 'concealed million loss' Take a subscription to the AD
AD.nl RSS (What is RSS?) Newsletter Visit m.ad.nl AD AD AD as homepage in your Favorites Archive The last 48 hours contact advertise vacancies AD.nl AD shop The newspaper subscription newspaper reader service digital advertising
Follow the news on our sister site in Belgium www.hln.be.
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