Banca Monte dei Paschi di Siena (MPI0.SG)
| Previous close | 4.2650 |
| Open | 4.2460 |
| Bid | 4.3120 x N/A |
| Ask | 4.4690 x N/A |
| Day's range | 4.2460 - 4.3120 |
| 52-week range | 1.9460 - 4.4050 |
| Volume | |
| Avg. volume | 197 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
ReutersItaly raises $1 billion from Monte dei Paschi's 25% stake sale
MILAN (Reuters) -Italy attracted strong interest from funds when it sold 25% of Monte dei Paschi di Siena (MPS) for 920 million euros ($1 billion) on Monday, advancing plans to re-privatise the world's oldest bank two years after a failed first attempt. The sale is a testimony to the progress Italian banks have made in cleaning up their finances, which contributed to Moody's unexpected decision on Friday to upgrade its outlook on the country's credit rating to stable from negative. It also buys Italy time to find a more permanent solution for its fifth-largest listed bank, including via a merger deal that a dearth of buyers made hard to pursue in the near term.
ReutersItaly's MPS raises profit outlook as legal risks recede
State-owned Monte dei Paschi di Siena on Wednesday became the latest Italian bank to upgrade its profit outlook after higher rates pushed third-quarter earnings above forecasts. Monte dei Paschi (MPS) is 64% owned by the state, which is working on reducing its stake in the Tuscan lender in line with re-privatisation commitments taken with the European Union. MPS Chief Executive Luigi Lovaglio told analysts net profit would top 1.1 billion euros in the full year, improving a previous forecast of more than 1 billion.
