1- Intesa Sanpaolo: yes to the acquisition of Pop Vicenza and Veneto Banca
The board of directors unanimously approved the willingness to partially acquire Pop.Vicenza and Veneto Banca on condition that the operation is totally neutral with respect to the Common Equity Tier 1 ratio and the Intesa Sanpaolo Group's dividend policy - Non-performing loans could merge in a bad bank – The title runs in Piazza Affari. Read the full article.
2- Banks and the Stock Exchange fly after Intesa's yes to the Veneto banks
The green light of the bank led by Carlo Messina for the partial purchase (without Npl) of Pop Vicenza and Veneto Banca without affecting assets and total dividends changes the mood of Piazza Affari (+1,26%) and gives sprint to bank stocks - Realize on fashion and luxury – All the other European stock exchanges are in red. Read the full article.
3- Banks, commission of inquiry at the start
The Chamber has approved: made up of twenty deputies and twenty senators, the commission will have one year to complete its work. Read the full article.
4- Bearer passbooks: from 4 July they will be banned
It will only be possible to issue registered passbooks, while the transfer and issue of bearer passbooks will be prohibited – Existing passbooks must be extinguished or converted by 31 December 2018. Read the full article.
5- France: 3 ministers leave the government
After the defense attorney, the ministers of justice and European affairs also step back – the three are involved in a scandal related to the management of European funds of their party, Modem, the main ally of En Marche. Read the full article.
