The ECB moves on Mps, asking for clarification on the timing of the 2.5 billion euro capital increase that the bank has undertaken to support in the event that the “structural solution” – as Siena has defined the merger with a partner more solid – should not materialize. The letter, which neither the ECB nor the MPS wanted to comment on to Ansa, will be today on the table of the Rocca Salimbeni board of directors, during which the reorganization of the general management and the assessment of whether and how to proceed towards the members will also be examined. of the board of directors in office with Alessandro Profumo and Fabrizio Viola, in light of the criminal convictions imposed on the former top management in the derivatives trial. The Supervisory Authority intends to understand from Siena what the timeline of the increase is, acquiring a series of technical information on the steps and methods of the recapitalization. Although the letter does not contain any diktat or prescriptive terms within which to execute it, it does not escape the fact that the request arrives while the search for a partner by the institute led by Guido Bastianini, the only alternative to a risky recapitalization unwelcome to the Treasury, finds no way out. . It is no coincidence that there has been a return to talk of stew, with Unicredit, Mcc, Banco Bpm, Bper and Poste called to take charge, from a system perspective and with the support of the State, for securing the Sienese bank. On the other hand, the path of recapitalization would be very risky, as highlighted by the MPS itself, which in the 2020 financial statements admitted the existence of “a significant uncertainty” about the business continuity, on which the sword of Damocles of the DGComp weighs.
On the other hand, there is an acceleration on the Carige dossier, the institution controlled by the Interbank Fund after commissioning and bailout. By July, Radiocor writes, the data room should be open.