"We have a monkey on our back: to be the white knight for any problem in the country: they brought us into play for Mps, for the Venetian banks... I don't rule out doing something, but if we do it it will be to create value and not because they drag us in ”. This was stated by Victor Massiah, managing director of Ubi Banca, during the institute's roadshow to a shareholder who asked about the sharp drop in the stock on the Stock Exchange.
“The current situation of all banking stocks is crazy and specifically I find UBI's valuation crazy – he added – if I had 2 billion today, that is how much it is capitalized on the stock market, I would scale it. Furthermore, I can tell you with confidence that American funds have resumed investing in us".
In this regard, Massiah also specified: "I made a comparison with the CEOs of the main Italian banks: I am the one who has invested the most in shares of his institution".
