All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
FIGCovered Bonds

S&P cuts Intesa Sanpaolo over low Italian growth

Standard & Poor’s downgraded Intesa Sanpaolo and revised the outlook on UBI Banca’s rating from stable to negative on Friday, because it expects low growth in Italy’s economy to pressure the banks’ asset quality.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree