Italy brings on board Banco BPM in $1.2 billion Monte dei Paschi stake sale [Yahoo! Finance]
CREDIT AGRICOLE UNSP/ADR (CRARY)
NASDAQ:AMEX Investor Relations:
credit-agricole.com/en/finance/finance
Company Research
Source: Yahoo! Finance
15% of bailed-out bank Monte dei Paschi di Siena, bringing on board rival Banco BPM as a shareholder in the Tuscan lender. Banco BPM, Italy's third-largest bank and the Italian Treasury's preferred option as a merger partner for MPS, said it had no plans to seek supervisory approval to cross the 10% ownership threshold in MPS, reiterating its standalone strategy. However, the investment could pave the way for an eventual combination as midsized lenders are under pressure to bulk up to face rising technology costs. Banco BPM said the investment was consistent with the buyout offer it launched last week to acquire full control of Anima Holding, a fund manager which also sells its products through MPS branches. Anima separately said it had taken a 3% stake in the MPS stake placement. After two years of record profits and shareholder rewards, with interest rates declining, Italian banks are looking for new revenue sources such as the fees earned on the sale of funds. Another opt
Show less
Read more
Impact Snapshot
Event Time:
CRARY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CRARY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CRARY alerts
High impacting CREDIT AGRICOLE UNSP/ADR news events
Weekly update
A roundup of the hottest topics
CRARY
News
- Trafigura Paid Bribes Via ‘Mr. Non-Compliant,' Swiss Prosecutors Say [Yahoo! Finance]Yahoo! Finance
- Credit Agricole SA (CRARF) Q3 2024 Earnings Call Highlights: Navigating Profit Challenges and ... [Yahoo! Finance]Yahoo! Finance
- Credit Agricole's traders trump retail weakness as bank reports mixed Q3 [Yahoo! Finance]Yahoo! Finance
- Credit Agricole's traders trump retail weakness as bank reports mixed Q3 [Yahoo! Finance Canada]Yahoo! Finance Canada
- Le Train pushes back operational start to 2027 [Yahoo! Finance]Yahoo! Finance