Previous close | 4.9420 |
Open | 4.8370 |
Bid | 4.7710 x 1000000 |
Ask | 4.7920 x 1000000 |
Day's range | 4.7820 - 4.8370 |
52-week range | 2.3800 - 5.2880 |
Volume | |
Avg. volume | 16 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 06 Aug 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
BPER Banca said its newly elected board would meet later on Friday to appoint a new chief executive, as former UniCredit manager Gianni Franco Papa prepares to take the reins at Italy's fourth-largest bank. Papa, 68, was a former general manager at UniCredit and had already been sitting on BPER's outgoing board.
BPER Banca's largest investor on Friday put forward former UniCredit executive Gianni Franco Papa as the candidate to take the top job at Italy's fourth-largest lender. BPER shareholders will meet to name a new board on April 19. The bank's top investor, insurer Unipol, is proposing replacing CEO Piero Montani, a turnaround expert that BPER brought in to oversee integration of businesses it bought in recent years.
Mid-sized Italian bank BPER Banca said it had finalised a deal with Gardant, more than a year after it first announced a partnership with the bad loan specialist backed by U.S. investment fund Elliott. BPER and Gardant said in November 2022 they had agreed to set up a new company, which would be 70% owned by Gardant and 30% by BPER, to manage the bank's impaired loans. BPER had selected Gardant as preferred bidder in August 2022.