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Banca Monte dei Paschi : Back to normalcy
In our last report on the credit, "The phoenix rises from its ashes" we adopted a Buy recommendation on the bank's bonds, confident in the ability of the new management team to carry out the actions needed to return to profitability and trigger the expected virtuous circle. - Mission accomplished. The full-year results, released in February 2024, were record-high, with net profit in excess of € 2bn and CET1 of 18%. The rating was upgraded with the passing quarters in 2023, from 'C...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Carine Maciol
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