Monday, February 1, 2016

Spain's Santander says not fascinated with searching Italy's three-card monte dei Paschi



Spanish financial organization Santander (SAN.MC) on Friday aforementioned it accustomed be not for the rationale that any capabilities acquisition of Italian loaner Banca Montei dei Paschi di Siena (BMPS.MI) following press stories mentioning this sort of likelihood previous at intervals the day.

"Banco Santander denies any interest in shopping for three-card monte dei Paschi," a spokesperson for the financial organization told Reuters.

Shares in three-card monte dei Paschi and alternative Italian banks plunged earlier on on considerations over their commercial enterprise strength. in a very bid to reassure traders, the loaner aforementioned on Friday it may post preliminary full-12 months results on Jan. twenty eight before a Feb. five regular unlock.

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