Piazza Affari was weak in the middle of the morning (-0,4%), but the UBI share was traveling in sharp contrast, posting one of the best increases in the Ftse Mib (+1,4%). Driving the institute's actions are the voices of a possible intervention in favor of Banca Etruria, which in the same minutes continues to rise with +3% (compared to -21,8% on the monthly average and -68,68% on the annual average).
A few days ago, the Arezzo bank explained that the Bank of Italy had requested further adjustments to loans, currently estimated at around 80 million euro. In this context, the Board of Banca Etruria has "assessed that, in line with the guidelines of the Supervisory Authority, it becomes of strategic importance to start, as soon as possible and conclude in a short time, all the initiatives necessary to define a process of integration and aggregation with a banking group of high standing, on the basis of the significant role that the institution plays today in the area”.
According to analysts' calculations, at the moment there are not many banks that can apply for the role of white knight. There is the Credem hypothesis, which however remains in the background for now. There has also been talk of Popolare di Vicenza, but Ubi's intervention seems much more likely, given the capital solidity and the common belonging to the world of popular credit institutions.
