Intesa San Paolo is facing, like other very influential Italian credit institutions, the current economic situation, which is not exactly prosperous from the point of view of the financial perspectives. The motivation is certainly influenced by the socio-political situation, but what are the prospects for the banking group which developed in 2007?
Birth, growth and development
Intesa San Paolo was officially born from the merger between Banca San Paolo IMI and Banca Intesa, and is currently the leading banking group in Italy in terms of circulation, market share and influence, representing our country from a financial point of view in the return of the world in quite important way.
Unlike MPS, Intesa San Paolo managed to autonomously “survive” the deep crisis of 2008 with a deep capitalization of around 4 billion euros and an intense merger plan was launched in 2012, which led the banking group already very influential and present on the national territory to acquire numerous banks, including historical ones (to date there are 320 banks under the control of Intesa San Paolo).
Intesa SanPaolo on the verge of bankruptcy: what happens?
Regularly listed on the stock exchange, the group is showing difficulties especially in the shares that have almost inevitably lost value especially after the start of the conflict in Ukraine: recently the members of the group have expressed their intention to follow the government’s line in shares. anti Russiaeven if it is not clear what the real effects will be from the point of view of stability, which still seems quite solid compared to other banks, such as Unicredit and those of the MPS group.
Investors are hoping for a “rise” in shares, perhaps with the gradual stabilization of the markets, but as mentioned, the bankruptcy option appears decidedly unlikely, barring further “shocks”.
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