Monday, January 19, 2015

Reform of Popular, Salvini against Renzi: “League ready to … – BBC

Reform of Popular, Salvini against Renzi: "League ready to … – BBC



Milan , January 19, 2015 – 20:24

     
     
 

The proposal of the Prime Minister Matteo Renzi to put his hand to the reform of the banks, to beginning with the cancellation of one vote, is strong opposition in the palaces of politics: “Meanwhile Renzi tries to get its hands on the Banks, announcing an emergency ordinance for the benefit of someone …. – writes on Facebook Matteo Salvini, secretary of the Northern League – But we are ready to mount the barricades in defense of territories. Meanwhile stop this guy, it’s dangerous. ”

Milan Stock toasts to reform

The “niet” of the Northern League has come to the end of a hectic day for Bags: Piazza Affari the titles of popular institutions have raced at breakneck speed, closing on the highs. The fuse was lit by the words of Matteo Renzi: Prime Minister has not only backed down after the announcement Friday of a measure on banks. On the contrary, meeting the senators of the Democratic Party has confirmed that the council of ministers on Tuesday will speak on the topic. But the way in which it will do remains to be deciphered and the complexity of the situation could push the government relented, passing perhaps through a bill instead of through a decree.
Meanwhile, the Stock Exchange Milan has bet on the reform of the statutes that govern this type of banks, an Italian anomaly in the European scene, starting with the one-vote: in banks, each shareholder accounts for a vote at the shareholders, regardless of how many shares it owns. Circ umstance that makes them immune to every climb.

The run of titles

These changes, according to analysts, could trigger a process of consolidation in the sector. The goal, not too veiled, the executive would be to find a partner for Banca Monte dei Paschi and Banca Carige, institutes crossing difficult times. While the general index of Milan, the FTSE MIB, rose 1.17% to 19,480 points, between the popular People’s Bank of Emilia Romagna (BPER) gained 8.51%, People’s Milan 14.89%, Ubi Bank 9.68%, 8.33% Banco Popolare, Popolare di Sondrio the 8.06%. Quotes that have dragged upward also other financial: Intesa + 1.28%, 4.54% Mediobanca, Unicredit + 2.39%, Generali 0.63%, 3.73% Mps.

January 19, 2015 | 20:24

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