We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Passera surfs credit wave

13 July 2005 By Mike Verdin

The Italian bank has done all the obvious things and must now rely on sales growth to deliver a 50% rise in earnings by 2007. That’s going to be tough, given Italy s dire economic outlook. At least there’s now the prospect of a juicy dividend to underpin the shares.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)