The CNBC report, stocks end flat, and Italy officially through the Monte Dei Paschi Di Siena bailout. Pan-European Stoxx600 end up 0.04%. Deutsche Bank AG on Friday announced that they have agreed to pay $7.2 billion cost with United States judicial settlement, stop mis-selling of mortgage-backed securities MBS survey news sent Deutsche Bank shares up more than 3%.
Switzerland Credit also announced their MBS has been investigating a case and United States judicial authorities reach a settlement, they were asked to pay $5.7 billion lower than the Bank, but the finale is still 0.7%.
Italy's Government on Friday formally adopted Monte Dei Paschi Di Siena bailout, Prime Minister Paolo Gentiloni and members of the Cabinet are ready to provide Monte Dei Paschi Di Siena 20 billion euro bail out funds. Italy Minister Pier Carlo Padoan said at a brief press conference: "this will meet the BMPS funding needs, let the Bank continue to conduct their business plans. Italy's third-largest bank will end in the case of savings and their staff of life to restore calm was restored, supports Italy's economy.
Italy's debt levels in the eurozone after Greece, came to 133% of GDP.
If Monte Dei Paschi Di Siena 20 billion euro funding gap is borne by the banking system, it is expected that Italy's debt levels will continue to rise.
0.04% Stoxx 600 index rose to close at 359.98 points.
FTSE up 4.49 points, or 0.06%, to close at 7068.18 points.
DAX fell 6.17 points, or-0.05% to close at 11449.93 points. CAC 40 rose 5.05 points, or 0.1%, to close at 4839.68 points.
0 意見:
Post a Comment