Share

Mediobanca: Mps risks failing the ECB test

According to Mediobanca Securities analysts, MPS will not pass the ECB's "comprehensive assessment" – Nine other banks in the same situation, three institutions in the balance – "The bar set by the ECB remains very high".

Mediobanca: Mps risks failing the ECB test

Banca MPS runs the risk of not passing the ECB's "comprehensive assessment", the examination of the quality of assets combined with the stress test. To say it are the analysts of Mediobanca Securities, according to which, among the 34 European banks analysed, 24 will pass the test while 10 will not make it.

In addition to Mps, Mediobanca is pessimistic about Banco Popular, Commerzbank, Lloyd, Rbs, Danske and Seb. To these are added three other banks, which would be in the balance, namely Caixa, Nordea and Alpha.

For Mediobanca Securities analysts, the high number of banks at risk would indirectly confirm "the high bar set by the ECB to restore credibility and confidence in European banks". 

At the beginning of the afternoon, Montepaschi's stock dropped 0,85%, a 1,169 euro. 

comments