
AI-generated summary
La crescita è influenzata dal confronto con gli oneri sostenuti l'anno precedente per il piano di liquidazione di Banamex.
Gli utili di Citigroup sono aumentati del 40% nel terzo trimestre, a 5,25 miliardi di dollari (pari a 2,85 dollari per azione), superando le aspettative della crescita dei ricavi (+8% a 23,85 miliardi).
Per la banca americana si tratta del miglior terzo trimestre degli ultimi dieci anni: gli analisti si aspettavano profitti di 2,65 dollari per azione su un fatturato di 23,72 miliardi di dollari.
La crescita trimestrale è molto elevata in scia agli oneri sostenuti 12 mesi prima dell'avviamento del piano di liquidazione della banca messicana Banamex.

In the third quarter, major U.S. investment banks reported rising profits, albeit with concerns about rising rates, persistent inflation and high energy. While JPMorgan and Wells Fargo missed revenue and earnings expectations, Citigroup and Goldman Sachs surprised investors positively with trading.

ISS recommends the shareholders of Monte dei Paschi di Siena to reject the purchase offers on Banca Generali and Banco Bpm, the reduction of the share capital and the distribution of an extraordinary dividend of 4 billion euros, while it suggests approving the other resolutions, including the merger with Mediobanca, in view of the meeting of 29 October.

The International Monetary Fund improves its growth forecast for Italy in 2026 from 0.5% to 0.8% and for 2027 to 0.6%, citing resilience driven by investments in AI and energy reorientation, but warns that high public deficits, persistent inflation and geopolitical tensions put global economic stability at risk.

JPMorgan Chase reported third-quarter earnings below Wall Street estimates, due to a slowdown in markets and investment activity. Earnings per share stood at $5.57 versus the expected $5.93.

Piazza Affari erases the gains, closing at -0.05% in line with the European markets. Semiconductors weak, Tim rising. Oil falling and BTP-Bund spread at 107.6 basis points.

Research by the Polytechnic of Milan highlights Italy's dependence on foreign digital platforms. Only 26.3% of the platforms active in the country are of domestic origin, a figure significantly lower than in the USA, China and other European partners.