Ps heavy in Piazza Affari. By mid-morning, the Sienese Bank's share lost more than three points, suffering the worst drop in the Ftse Mib. The accounts released yesterday by the institute weigh heavily, closing the first six months with a loss of 380 million euros. The result is worse than the expectations of analysts, who expected losses of 249 million. However, the figure is recovering compared to the same period a year ago, when the red was 1,5 billion.
On the restructuring plan, currently under examination by the European Commission, the CFO of the bank, Bernardo Mingrone, underlined in the conference call to present the accounts that "it is not questioned by the EU", if anything, it is asked to "improve some aspects ”. The CEO Fabrizio Viola then opened up to EU requests: "We are available and we are ready to implement the indications aimed at improving our plan in the form of restructuring".
