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Blackrock's Hands on Italian Banks: It Also Owns a 5% Stake in Monte Dei Paschi.
Summary by AFV
1 Articles
1 Articles
BlackRock, the world's largest independent investment management firm, has officially announced a new step in the Italian banking system: the U.S. fund now holds an aggregate 5.011% stake in Monte dei Paschi di Siena. This stake, disclosed to Consob, is divided into three components: approximately 3.174% in voting shares, just over 0.548% in securities on loan, and 1.289% in cash-settled derivatives. This is therefore not just a simple equity ex…
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