The MPS rally continues, up sharply in Piazza Affari where it gains 4% in mid-morning, driven by the trend of the spread below 200 points. The Sienese institute, evidently more than others, benefits from the recovery in value of government bonds since it is one of the most exposed: it holds over 20 billion. Thus the shares recorded a progress of 3,99% at 10,30 reaching 0,193 euro.
Meanwhile in Siena, anticipation is rising for the bank's board of directors set for January 14th. BoD during which the CEO Fabrizio Viola and the president Alessandro Profumo should announce their possible resignations or the will to remain, but perhaps challenging the decision taken by the assembly to postpone the 3 billion capital increase to May-June which the managers had prepared for January.
