Advertisement
Singapore markets close in 1 hour 6 minutes

  • Straits Times Index

    3,279.68
    -8.07 (-0.25%)
     

  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     

  • Hang Seng

    17,649.85
    +365.31 (+2.11%)
     

  • FTSE 100

    8,125.95
    +47.09 (+0.58%)
     

  • Bitcoin USD

    64,333.00
    +306.42 (+0.48%)
     

  • CMC Crypto 200

    1,388.32
    -8.21 (-0.59%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • Dow

    38,085.80
    -375.12 (-0.98%)
     

  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     

  • Gold

    2,357.40
    +14.90 (+0.64%)
     

  • Crude Oil

    84.05
    +0.48 (+0.57%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • FTSE Bursa Malaysia

    1,573.71
    +4.46 (+0.28%)
     

  • Jakarta Composite Index

    7,067.96
    -87.33 (-1.22%)
     

  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

BPER investor Unipol says would support potential cash call

Reuters

SAN LAZZERO DI SAVENA, Bologna (Reuters) - Italian insurer Unipol, which owns nearly 10 percent of BPER Banca <EMII.MI>, would support a new share issue at the Italian bank if it used the cash for a radical bad loan clean-up, Unipol CEO Carlo Cimbri said.

"We believe in the bank ... we could support such a plan," Cimbri on Monday said in answer to a question over an hypothetical capital increase at BPER.

(Reporting by Stephen Jewkes, writing by Valentina Za, editing by Giulia Segreti)