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Mps sinks on the stock exchange, today the board of directors

Stock plummeting after the expiry of the ban on short selling – In the afternoon Profumo and Viola will explain the status of the confrontation with the ECB.

Mps sinks on the stock exchange, today the board of directors

Day of passion for the Mps stock on the stock exchange, which in mid-morning - after a passage in the volatility auction - manages to lose six and a half percentage points, to 0,43 euros, collecting the worst drop of the Ftse Mib. The Sienese Bank thus updates the historic low of its share value in Piazza Affari. Yesterday, Monte Paschi's stock had left 4,9% in the field. 

In addition to the financial strain on the entire European banking sector - which, having digested the Qe effect, suffers the repercussions of Greek crisis and the tensions in the East – Mps also pays for the fact that The ban on short selling expired on Tuesday on the title. 

During Cda convened for today the president of the bank, Alessandro Profumo, and the CEO, Fabrizio Viola, will explain the state of the discussion with the supervisory board of the ECB and the counter arguments presented by Siena. At stake are the write-downs to be made on receivables and the Core Tier 1 to be achieved.

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