News Headline Summary
EU commission says temporarily approves EUR 3.9bln state bailout for Monte Paschi (BMPS IM)
- Approval conditional on Monte Paschi presenting restructuring plan within 6 months.
Reaction details (10:51)
- Co. shares are unmoved in reaction to the news; trades EUR 0.20 last.
- In a delayed reaction, BMPS IM shares moved 1.12% from EUR 0.2022 to EUR 0.2045.
17 Dec 2012 - 10:45
Subscribe Now to
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
Teams of analysts covering equities, fixed income, FX, energy, and metals markets
Real-time scrolling news service with instant analysis
Daily and weekly pre-market research and calendars
Video updates covering near-term key risk events & primary trading themes
One-to-one chat with our expert analysts