Mps does not make a price at the opening of the session and shortly after 9 it immediately marks a theoretical drop of 6,9% to 0,1611 euros per share, after a start at around -7,4%. After 9,30 the share goes up around -1,4%. Naturally, the share was penalized by the decision taken on Saturday by the shareholders' meeting to postpone the 3 billion euro capital increase to the second quarter of 2014 as requested by the Foundation, while the top management was pressing to carry out the operation as early as January.
Operators thus fear a nationalization of the bank, explains Chris Weston, an analyst at IG, and beyond the financial implications that worry some investors, what is happening to the Italian bank is particularly significant as it highlights "the gaps that still exist in the euro area" , reminds the expert.
