The week of the stock market has started badly for the cooperative banks, targeted by the sales after the International Monetary Fund published on Friday a very critical report on the governance of these institutes and their relations with foundations.
Mid-morning the Banca Popolare di Milano loses 1,3%, to 0,633 euro, while Banco Popolare e Ubi they leave about one percentage point on the ground, respectively at 11,34 and 6,415 euros.
Same bending also for the Banca Popolare dell'Emilia Romagna (at 6,11 euros), while the Banca Popolare di Etruria and Lazio it dropped 0,54%, to 0,648 euros.
The rest of the sector is also in difficulty: Understanding -0,9% (at 2,406 euros), Unicredit -0,7% (at 6,165 euros), Ps -0,4% (to 1,028 euros) e Mediobanca -0,7% (at 6,72 euros).
