Electric mobility, Stellantis-Atlante: inauguration of the first rapid charging station in Italy
The first fast charging station for electric vehicles was inaugurated in Magenta, in the province of Milan
RFI (FS Group) and AMODO Soft Mobility Atlas: digital maps to promote sustainable tourism
Project to promote proximity, slow and sustainable tourism carried out by RFI (FS Group) and the 29 associations that make up the Alliance for Soft Mobility
Italians abroad, there are 5 million: what's new
ATLAS OF PROMETHEIA - The number of compatriots who choose to reside abroad is increasing: they are over 5 million - Where do they come from? And what about the attractiveness of the Italian territories? The Italians in the World report of the Migrantes Foundation.
Pop Vicenza and Veneto Banca, Atlante's no to new capital
The no was in the air, also in light of the stoppage arrived by the banks and foundations that are shareholder of Atlante: "Too many uncertainties, there are no conditions".
THE 5 TOP NEWS OF THE DAY
Draghi does not warm up the stock exchanges, annual Bot yields are at their lowest - Autonomous Jobs Act: the new arrivals for VAT numbers - Macron says no to Valls: "We are not applying for him" - Atlante buys 2,2 billion Npl from…
Atlante buys 2,2 billion Npl from Marche, Etruria and Chieti
This was announced in a note by Quaestio Capital Management: the amount corresponds to approximately two-thirds of the non-performing loan portfolio of the three banks.
Intesa Sanpaolo: profit at 901 million and the stock soars
The positive quarterly accounts far beyond expectations give wings to the shares in Piazza Affari. The banking group has once again written down the stake in Atlante by 261 million. Dividend policy confirmed.
THE 5 TOP NEWS OF THE DAY
Wednesday 29 March is the day of the official launch of the Brexit procedures, which will be completed in two years - The European stock exchanges have reacted badly, except for Milan and Madrid - Also noteworthy is the Atlante fund, the merger…
Atlas cost banks over 1 billion in 2016
According to what was reconstructed by Radiocor Plus, the adjustments made by the first 12 Italian banks that joined Atlante amounted to 1,01 billion - Unicredit alone reduced the value of its stake in Atlante by 547 million.
Good Banks: Atlante II buys Npl for 2,2 billion
The intervention concerns Banca Marche, Banca Etruria and Carichieti and the maximum investment will be 515 million net of at least 200 million in financing
Atlante buys Npl of the three Good Banks
The Fund would have received the go-ahead to purchase a substantial package of non-performing loans from Banca Marche, Banca Etruria and Carichieti, the three banks about to switch to Ubi.
Italian fashion system, in 2017 will grow more at home than abroad
FROM THE ATLAS OF PROMETEIA - To recover competitiveness, priority is given to the selection of foreign countries and a clear product positioning, leveraging the quality/price ratio and on the web - Forecasts for next year
Banca Intermobiliare (Bim): Girelli new ad
After the dismissal of the directors in office following the acquisition of the majority of Veneto Banca by the Atlante fund, the Bim shareholders' meeting appointed Giorgio Girelli (formerly Banca Generali) and Maurizio Lauri as president
Good Banks: EU gives more time to sell, Atlas-Apollo axis ticks
There is a new deadline, but the Commission does not reveal it "to protect the effectiveness of the sales process" - In the meantime, the Atlante-Apollo idea emerges alongside the hypothesis of an Atlante-Ubi intervention
Mps is worth less than 500 million and owes 400 to Santander
The fall of the Bank continues, which is now worth less than 500 million compared to the 400 that it has to repay to Santander next week - JP Morgan and Atlante are arguing over the bridging loan for the sale of non-performing loans while the…
Bags waiting for Yellen, truce for the banks
Markets in stand-by in view of the Fed president's interest rate intervention at the weekend - Oil slows down with immediate negative effects on Wall Street - Pfizer's big coup, Molmed flies - Antitrust ok to Atlas - Yes…
Full export: Italian food to conquer foreign markets
FROM PROMETEIA'S ATLAS - Italian food companies have been able to gain ever greater space on international markets and in 2015 foreign sales exceeded the record threshold of 30 billion euros (+6,6%) - The ambassador in the world of Made…
Veneto Banca towards the sale of Bim and foreign subsidiaries
The sale of Banca Intermobiliare (Bim), the Turin financial boutique, perhaps of the stake held in Arca sgr and of the foreign subsidiaries (from Banca Italo Romena to Eximbank and the subsidiaries in Croatia and Albania) is one of the key points of…
The stock exchanges cling to Wall Street. Atlas 2 ready for Mps
The American wind, supported by the Wall Street record, by the data on employment and by the Trump crisis, is also spreading confidence in the European stock exchanges - Italian banks are trying to recover and the Atlante 2 fund is preparing the MPS operation: ready…
Stock market forecasts: rises in the next 6 months for 55% of operators
According to an Assiom Forex survey, for 46% of traders the increase will be between 3% and 10% while for 9% it will be higher than 10% - 28% of traders see stable markets, while only 17% expect…
Renzi: citizens will not pay for MPs
In an interview with "la Repubblica", Prime Minister Matteo Renzi appreciates the market solution identified to resolve the Monte dei Paschi crisis and points out the importance of the role of Atlante in cleaning up the bad debts of the Sienese bank but underlines that…
Mps, Messina: "Atlante will act on non-performing loans"
"We are working on Atlante2", added the managing director of the largest Italian bank, recalling however that his institute will not be in the game.
Pop Vicenza, Atlas: no stew
The president of Quaestio Sgr, Alessandro Penati, assures in a letter to the shareholders' meeting of the Veneto institute that "Atlante is ready to support the recovery and relaunch of the bank" - "No to fancy financial operations" - "Merger with…
Rc Auto insurance, Ania: in 3 years -20%
ANIA MEETING - President Farina: "The gap between Italian policies and the average of the main European countries has narrowed" - Investments: less in government bonds, more in the real economy - In Atlante 2 "insurance companies are not…
EU shield for Italian banks and anti-Brexit liquidity for the UK
After the facade duel between Merkel and Renzi, the EU opens the umbrella for Italian banks with public guarantees of up to 150 billion euros and the Bank of England promises anti-Brexit liquidity - Atlante 2 construction site opens…
EU on Italian banks, good but late
The green light from the European Commission to Italy for a public intervention in support of banks up to 150 billion euros is wise but late - A broad public intervention is needed without discriminating between the various types of banks to…
Veneto Banca: Atlante fund rises to 97,64%
The Fund led by Alessandro Penati will subscribe the shares not placed by the institute and will rise to 97,64% of the capital after the increase - The failure of the operation prevented Veneto Banca from entering the Stock Exchange.
Veneto Banca increase: subscriptions at 2,2%
The value subscribed by the shareholders is equal to 22,2 million, while 977,7 million remain uncovered, or 97,78% of the total capital increase requested from the shareholders - The offer to institutional investors closes tomorrow.
Veneto Banca: ECB ok at Atlas entrance
The ECB has authorized Quaestio Capital Management, the company that manages the Atlante fund, to purchase a qualified shareholding exceeding 50% of Veneto Banca and the related voting rights.
Veneto Banca: flop increase, Atlante arrives
On the eve of the end of the offer period under option and pre-emption to current shareholders, the amount covered would be "around 1%" of the total - The situation for the Banco Popolare increase is very different.
Veneto Banca: Atlante guarantees increase even in the event of Brexit
According to the guarantee fund, any Brexit does not represent an extraordinary event capable of changing the commitments undertaken in the Sub-Guarantee agreement entered into on 31 May last.
Pop Vicenza, Quaestio: Mion president, Iorio Ad
The remuneration of the Board will be halved - A liability action is on the way against those who were guilty of the bank's collapse - Quaestio will make proposals to facilitate the resolution of the problem of non-performing loans
Veneto Banca, Carrus: increase at risk without Atlante at 50%
The Montebelluna bank, which launched the capital increase today, is at a crossroads: if private shareholders invest and reach more than 50%, the Atlante Fund may not intervene, with all the risks involved. If not…
Messina (Intesa): "Veneto Banca will belong to Atlante"
According to the CEO of Intesa Sanpaolo, "the size of the capital is such that it is unthinkable that the current shareholders could reach 51% of the capital"
Banks, the nightmare of capital increases
As for Pop Vicenza, Atlante must also intervene in the increase of Veneto Banca after the disappointing outcome of the adhesions which alarms Banco Pop and Unicredit - Poste: 29,7% of the Treasury on the Stock Exchange after the summer - Positive May for the Stock Exchanges, …
Banks comeback, FCA shines. Leonardo and Cnh under fire
Piazza Affari is up slightly on a day with low volumes due to the British Bank holiday and the US Memorial Day - The focus is on the banks that report good recoveries - The Atlante Fund strengthens - It slips…
IMF: Italy ok, "impressive" reforms
Three points from the International Monetary Fund in favor of Italy and the Renzi government: the reforms are impressive, the Atlas Fund is doing well to stabilize the banks, the recovery is slow but there is.
Veneto Banca: pre-marketing and keep an eye on the Atlas
At the end of the pre-marketing period, which starts today and will last a maximum of two weeks, based on market responses, the banks in the guarantee consortium led by Banca IMI will evaluate whether to call Atlante to help.
Veneto Banca: surprise turnaround, the list of members wins
Sensational turnaround at the Veneto Banca meeting, where the list presented by the shareholders' associations obtained 57,9% of the votes clearly beating that of the board led by outgoing president Bolla which received 37,2% - Stefano Ambrosini new president: …
No Stock Exchange for the Popolare di Vicenza
With the failure of the Popolare di Vicenza listing, 99,33% of the bank ends up in the hands of the Atlante fund, which will fully subscribe to the 1,5 billion capital increase - Saviotti (Banco Popolare): "No problem for us".
WEEKEND INTERVIEWS - Onado: "Low profitability remains the true cross of banks"
INTERVIEWS OF THE WEEKEND - According to economist Marco Onado, the Italian banking model, based on retail, remains the safest, but the weakness of growth and low rates accentuate the insufficient profitability of our credit institutions which will have to review all…
Pop Vicenza: 8% of adhesions, 90% of the capital in Atlante
The increase from 1,5 billion ended with total subscriptions of just over 8% of the capital: the Atlante fund will thus have over 90% of the institute's capital.
Banks, this is how the Atlante fund works
Alessandro Penati presented to the financial community the new fund that will buy shares in the capital increases of banks in difficulty and non-performing loans - The goal is to break the vicious circle of the market in the valuation of banks and give…
Veneto Banca in the red by 34 million in the first quarter
Write-downs of the real estate and financial portfolio weigh heavily - A press release from the group also signals a "significant improvement in the liquidity position" and a stabilization of the stock of non-performing loans - CEO Carrus: "To date, the bank believes it will proceed with the increase …
Pop. Vicenza: Atlante may rise above 50%
The green light has arrived from the European Central Bank and the Bank of Italy - Now Quaestio Capital Management is just waiting for the authorization from IVASS.
The iPhone brings down Apple. Today the Fed on rates
After 13 quarters on the rise, Apple slips on iphones (fewer sales and less profits) and Wall Street punishes it - Oil rises - The City bets on the EU - Weidmann (Bundesbank) on the attack: the Italian public debt also threatens…
Fondo Atlante, the list of subscribers
Quaestio Capital Management, the asset management company delegated to manage the fund which aims to support the capital increases requested of Italian banks, has exceeded the threshold of 4 billion euros in formal subscriptions: they have arrived…
From Consob green light to Atlante and Ipo Pop Vicenza until 28 April
Consob promotes the Atlante fund and gives the go-ahead for the publication of Popolare Vicenza's prospectus for listing on Piazza Affari: the offer that began today will end on April 28 - The new Fund: ready to support…
Pop Vicenza towards IPO at 10 cents per share
The CEO of Iorio communicated that if (as it seems obvious) the Atlante fund intervenes to take over the unopted share capital increase, the price at which the entire operation will be carried out will be 10 cents per share, the minimum value of the range indicated by the BoD -…
Pop Vicenza, unopted in Atlante up to 1,5 billion
This is what is specified in a note issued by Unicredit: the Atlante Fund has made a commitment to Unicredit to subscribe to the newly issued shares deriving from the capital increase of Popolare di Vicenza at the minimum price of the proposed range: 10…
Banks and oil always in flux. Btp 20 snapped up
The postponement of the ok to the debt collection decree weighs on banks, while membership of the Atlante fund is growing - Thrilling discount for the increase in Pop Vicenza - Caltagirone brakes on RCS and promotes Cairo - New 20 Btp from…
Generali and Allianz invest in the Atlante fund
The Lion of Trieste puts 150 million euros on the plate, while the Italian subsidiary of the German giant will participate in the new vehicle with an investment of 100 million.
Bags up in the middle of the day: fly to Frankfurt
The European stock exchanges are in positive territory: Piazza Affari gains half a percentage point - Banks thwarted in the hot days of the fund Atlas: Unicredit doing well, Intesa Sanpaolo suffers, Mps soars - Particularly encouraging news from the German economy: the Zew index on confidence…
Atlas warms up the banks
The system fund for capital increases and bank non-performing loans collects subscriptions and frees Unicredit from the IPO of Pop Vicenza - Between Ubi and Mps it is - Fly Fineco - Cnh leads the industrialists - Petroleum…
Pop. Vicenza: Atlante takes over from Unicredit and makes its debut
There is an agreement for the takeover of the new fund in relation to the guarantee commitments undertaken by the Piazza Gae Aulenti group in the capital increase of Popolare Vicenza. Popolare di Sondrio is also a member of the Fund
Unicredit, Ghizzoni: "For Atlante up to 1 billion, no more than 20%"
The CEO then underlined that Unicredit's interest in the Fund derives primarily from the contribution that the project will be able to give to solving the problem of non-performing loans in Italy
Banks, oil and RCS: assists for Piazza Affari
The birth of the Atlante fund, also promoted by the IMF, changes the banking scenario and Ghizzoni warns: "If necessary, he will lend us a hand in Vicenza" - Mediobanca, however, slips away and also fights over RCS, but Bpm opens the Ops of…
The banks send the stock exchanges into orbit. Arm wrestling in RCS
Like Piazza Affari, Wall Street is also running thanks to the rises of the banks, supported by better than expected results - The awakening of China and the recovery on oil are also essential - The battle on RCS heats up, but for Tamburi…
The Atlante fund makes banks and the stock exchange fly
By mid-morning, the Ftse Mib gained well over 2%, approaching 18.000 basis points after the losses of the last few days - The banks stand out, reassured by the imminent definition of the life preserver wanted by the Government - The others are doing well too…
Banks: the Atlante fund arrives
The new alternative investment fund (fia) will be launched by Quaestio Sgr to support the recapitalization of Italian banks and encourage the disposal of bad debts in the system.