日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

US EUROPE AFRICA ASIA 中文
World / Europe

Italy's MPS scandal widens among anger and reassurances

(Xinhua) Updated: 2013-01-26 06:40

MILAN, Italy - Italy's caretaker prime minister Mario Monti on Friday pledged to clear up a derivatives scandal at the country's third-largest bank Monte dei Paschi di Siena (MPS) which has been dragged into the heart of an electoral campaign for its ties with the center-left Democratic Party (PD).

"It is a matter of achieving the maximum clarity .. also from the penal standpoint if necessary," Monti told Rai state radio as the lender, in an extraordinary meeting faced with shareholders' anger, agreed plans for a capital increase to underpin a request of 3.9 billion euros (5.2 billion U.S. dollars) of state bailout.

Local reports broke the news this week that up to around 750 million euros had been lost by MPS in "secrete" deals with Japanese bank Nomura and German bank Deutsche Bank that MPS said it only recently discovered after its new management team launched an accounting overhaul.

The "hole" added up to a series of setbacks for the oldest bank in the world that was already on track to end 2012 in the red after it stocked up 1.6-billion-euro losses related to its exposure to 24 billion euros of Italian sovereign debt, and facing an investigation for the as costly as shady acquisition of smaller rival Antonveneta in 2007.

The episode, which forced former chairman Giuseppe Mussari to step down as head of the Italian Banking Association (ABI), piled pressure on PD which has historically been closely linked to MPS, and spurred strong criticism of the Monti government for using taxpayers' money to save the lender.

Monti, who is running in the February 24-25 national election at the helm of a centrist coalition against PD leader Pier Luigi Bersani, who now leads opinion polls said that the center-left "had a role" in the scandal due to its long-standing "influence" on MPS.

The historical phenomenon of "mingling banking and politics has to be further rooted out," he said.

Though he vowed to address parliament on the matter, the outgoing prime minister denied his cabinet shared responsibility and reassured Italians that the scandal did not affect the country's "solid banking system" as a whole.

The MPS's shares, which had dropped 20 percent this week, rebounded on Friday, rising over 11 percent. Yet, the bank was overwhelmed by shareholders' anger over its mounting losses, while some experts raised the prospect of nationalization.

During the Friday meeting, Beppe Grillo, a comedian turned politician who has mustered thousands of Italians disillusioned with mainstream parties, accused MPS of hiding "a 14-billion-euro shortfall" in its accounts, prompting Chairman Alessandro Profumo to shoot back there was "no hole" though he could not give up-to-date figures as an internal probe was pending.

Other shareholders expressed sorrow for the turmoil surrounding "a bank whose origins date back to the Renaissance."

According to a statement from the bank's CEO Fabrizio Viola, as far as there are losses, these are not expected to impact the balance sheet, a professor of financial markets and intermediaries at Bocconi University of Milan, Stefano Gatti, told Xinhua.

Gatti said should the derivatives loss amount indeed to around 750 million euros as supposed so far, it can be easily absorbed by the bank's current assets.

"However, there is a big question mark here, as the losses could also be much bigger," he pointed out.

The head of Italy's central bank Ignazio Visco, under pressure for its supervision of the case, also rejected criticism while echoing the MPS management that there was no threat to the stability of the lender.

"It is wrong to insinuate that there was a lack of supervision by the Bank of Italy," he told CNBC television at the sidelines of the World Economic Forum in Davos.

However, doubts were raised about the central bank's declaration that it was unaware of the derivatives contracts by largest circulation newspaper Corriere della Sera, which quoted documents showing that inspectors had expressed concerns about the monitoring of those deals in 2010.

Trudeau visits Sina Weibo
May gets little gasp as EU extends deadline for sufficient progress in Brexit talks
Ethiopian FM urges strengthened Ethiopia-China ties
Yemen's ex-president Saleh, relatives killed by Houthis
Most Popular
Hot Topics

...
主站蜘蛛池模板: 国产第113页 | 免费人成网站线观看合集 | 色倩网站 | 成人久久网 | 日日骚视频 | 在线观看特色大片免费网站 | 国产精品激情福利视频 | 国产福利小视频在线 | 日韩欧美在线观看视频 | 欧美爽爽爽高清免费视频 | 欧美久久久无码精品亚洲日韩小说 | 成年人在线播放视频 | 欧美级| 免费高清成人 | 91白丝制服被啪到喷水在线 | 五月六月婷婷 | 91视频免费观看高清观看完整 | 狠狠综合久久av一区二区小说 | 91看片儿| 中文字幕日韩欧美 | av在线看网站 | 日韩av电影在线播放 | 色噜噜亚洲男人的天堂 | 久久国产精品一区 | 久久中文字幕一区二区三区 | 丁香六月激情婷婷 | 又爽又黄又无遮挡的激情视频免费 | 新神奇四侠免费完整版在线观看 | 亚洲精品国产电影 | 在线一区二区三区做爰视频网站 | 91玖玖| 男女在线网站 | 天堂网成人 | 91视频电影 | 久久久婷| 女人一级毛片免费视频观看 | 欧美精品一区二区三区在线 | 欧美高清在线精品一区二区不卡 | 精品午夜久久网成年网 | 欧美在线视频免费看 | 日本高清免费网站 |