Mps runs with the prospect of super coupons and partnership reorganisation
The Sienese bank is then preparing to evaluate commercial partnerships. At the top of the list, as reported by Il Sole 24 Ore, is the bancassurance agreement with Axa
Le ultime da Radiocor
***BTp: in III trim Tesoro prevede quattro nuovi benchmarck a 2, 5, 7 e 10 anni
Italia-Francia: giovedi' dichiarazione di interesse tra imprese su mini reattori
Hormuz: Onu avvia l'evacuazione di oltre 11mila marittimi bloccati nel Golfo
(Il Sole 24 Ore Radiocor) - Banca Mps continues to gain ground at Piazza Affari: after +5.5% on the eve of the event, Rocca Salimbeni's shares are up 2.98% at 8.43 euro, taking advantage of the prospects of an increase in capital distribution to shareholders and the possible revision of distribution alliances.
On the first front, after the purchase of Mediobanca, Mps is committed to achieving a 100% payout and making it sustainable for the following years. To make this possible, an amendment to the articles of association will be needed to change the constraint requiring 25% of profits to be allocated to a statutory reserve. The proposal is expected to be approved at the general meeting in the spring.
The Sienese bank is then preparing to evaluate commercial partnerships. At the top of the list, according to the Sole 24 Ore, is the bancassurance agreement with Axa, first signed in March 2007 and expiring in 2027. An agreement, writes the newspaper, "that in all likelihood will not be renewed" with the aim of "bringing the Generali closer". Also in the spotlight are agreements with sgr's, starting with Anima Holding , to which some 19 billion in assets are referable.
