“Our business is insurance, not to increase our exposure to the banking sector, in Italy or elsewhere”. She said it Henri de Castries, number one of Axaby answering a question on the possibility of an increase in the shareholding in Mps. “We are very happy with the collaboration with Mps through the life insurance branch which in 2011 achieved the profit we expected”, stressed de Castries during the press conference on the 2011 accounts of the French group.
In the meantime, however, Montepaschi's shares continue to gain points: after the spectacular rise recorded yesterday (+10,5%), today at the end of the morning they are still moving in positive territory, albeit by a much more modest 1,2%, with shares traded at 0,3404 euros. The trend is linked to the announcement arrived yesterday from Monte dei Paschi Foundation, which has said it intends to reduce its stake by 15%. in the Bank's capital, going from approximately 48,5% to 33,5%. This news favorably surprised the markets. While awaiting the arrival of new members, for the moment we are limiting ourselves to deleting the French of Axa from the list.
