Trends - Intesa Sanpaolo - Business Recorder

Intesa Sanpaolo

Intesa to decide on next AT1 call based on market conditions: CEO

MILAN: Intesa Sanpaolo will decide based on market conditions whether to repay a perpetual bond with a call option...

Published 30 Mar, 2023 06:35am

Business & Finance

Italy’s bank promises shareholders 22bn euros

MILAN: Intesa Sanpaolo, Italy’s biggest bank, said Friday it would pay its shareholders 22 billion euros ($25.2...

Published 07 Feb, 2022 05:22am

Business & Finance

Doha Bank secures $762.5m syndicated loan

DUBAI: Doha Bank said on Monday it had secured a three-year $762.5 million syndicated loan coordinated by Mizuho and...

Published 28 Dec, 2021 03:54am

Markets

Global dividends to near pre-pandemic levels in 2021

Its latest estimate, up 2.2 percentage points from an earlier one, is just 3% below the pre-pandemic peak

Published 23 Aug, 2021 09:30am

Business & Finance

Intesa signs MOU to buy insurer Cargeas for 390mn euros

Cargeas had an accord to distribute its products through UBI Banca, Italy's fifth-largest bank which was taken over last year by Intesa.
The final accord is expected to be signed by the end of the month while the closing of the deal is due in the first half.

Published 08 Feb, 2021 09:40pm

Business & Finance

Intesa posts 3bn euro Q4 loss on clean-up, UBI deal costs

Intesa Sanpaolo last year snatched the healthiest among Italy's second-tier banks following a strenuous takeover battle, reaping a multi-billion paper profit thanks to discounted market valuations for banks.

Updated 05 Feb, 2021 05:17pm

Business & Finance

Italy's Intesa hits 2020 profit goal early, before UBI boost

In the first nine months, net profit totalled 3.1 billion euros ($3.6 billion), just ahead of the target set for the whole year.
It said it would use the earnings boost to cover integration costs in the current quarter as it creates Italy's biggest banking group.

Published 04 Nov, 2020 07:21pm

Business & Finance

Intesa CEO rules out interest in eastern European assets

Intesa overcame regulatory hurdles and shareholder and management opposition to finally secure control of UBI last week in a deal.
"We've overtaken Santander in terms of terms of market capitalisation ... that's something we're proud of," he said.

Published 04 Aug, 2020 11:35pm

Business & Finance

Intesa snaps up UBI with 90pc shareholder backing

"It's a chess game and this first important move will have consequences for the entire sector."
Intesa has said the deal will prepare the new group, Italy's biggest with around 950 billion euros in assets, to play a bigger role in Europe.

Published 31 Jul, 2020 01:39am

Business & Finance

Intesa eyes integration, growth after UBI bid succeeds

With two days to run before the deadline for a cash-and-shares bid valuing UBI at some 4.1 billion euros ($4.8 billion).
Intesa has committed to selling 532 branches of the combined group, including 31 of its own branches.

Published 28 Jul, 2020 11:52pm

Business & Finance

Intesa says sticks to profit goal in UBI deal even if unable to merge

Intesa published details of its all-paper bid for UBI on Friday, following a green light from market regulator Consob.
Intesa warned that it may not be able to incorporate UBI if take-up is below a 66.67% threshold which guarantees control of extraordinary shareholder resolutions.

Published 26 Jun, 2020 08:32pm

Business & Finance

Intesa gets ECB nod for UBI takeover, waives COVID-19 clause

ECB clears Intesa acquiring 50% of UBI plus one share.
COVID-19 impact not among conditions for bid to be valid.
Intesa plans to launch all-paper exchange offer for UBI.
Merger to lead to higher loan loss provisions, cost cuts.

Published 06 Jun, 2020 02:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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