Another wave of volatility up Ps. The shares of the Sienese Bank, after having had difficulty in pricing due to excessive increases, were admitted to trading with an increase of 8%, to 0,81 euro per share. In the following minutes, however, the surge lost strength and about an hour after the opening it gained 2,7%, to 0,768 euros.
After last week's roller coaster, triggered by the issue of bad debts and the fear of further writedowns, the market is focusing on possible suitors for Mps. Based on the latest statements from both society, in particular from president Massimo Tononi, and from the political world, above all from premier Matteo Renzi, the issue of alliances seems to have returned to the agenda.
The rumors circulated over the weekend reported an interest from the Santander, which however denied the hypothesis. On the Italian front, it is said that Ubi is working on an integration project with Montepaschi. Other hypotheses speak instead of a possible three-way alliance between Ubi, bpm e Ps.
