The following factors could affect Italian markets on Tuesday.
Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).
For a complete list of diary events in Italy please click on IT/DIA .
POLITICS
Italy's G20 Presidency; ends on Nov. 30, 2021.
ECONOMY
IHS Markit releases November manufacturing PMI (0845 GMT).
ISTAT releases Q3 GDP final data (0900 GMT).
Transport Ministry releases November car sales data (1700 GMT).
November state sector borrowing requirement data.
COMPANIES
UNICREDIT CRDI.MI
Italy's UniCredit said Chief Executive Officer Jean Pierre Mustier would step down at the end of his mandate in April next year after clashing with the bank's board over strategy. bank said it had appointed Adeline De Metz head of group regulatory affairs. (*) Italian newspapers suggest many possible successors to Mustier, citing most key figures in Italy's banking landscape, including former CEO of UBI Banca Victor Massiah, Mediobanca CEO MDBI.MI Alberto Nagel, CEO of Banco BPM BAMI.MI Giuseppe Castagna, head of state-owned bad loan manager AMCO Marina Natale, as well as several internal candidates. (*) Poste Italiane PST.MI dismissed on Monday media speculation that Chief Executive Matteo Del Fante could be one of the candidates to take the helm at UniCredit. MONTE DEI PASCHI BMPS.MI
CEO Guido Bastianini has proposed to Italy's Treasury, the bank's first shareholder, a plan in recent weeks to allow the lender to remain on a standalone basis beyond a December 2021 privatisation deadline indicated by Europe, the MF said. According to the paper, the plan foresees 3,000 redundancies, less than the 6,000-7,000 assumed in a potential merger with UniCredit, which after Mustier's exit appears to be more likely.
CATTOLICA ASSICURAZIONI CASS.MI
Cattolica has been left with about 9% of its own capital at the end of a share withdrawal process linked to the transformation of the insurer into a joint stock company, according to a Reuters calculation. The insurer can now either offer the shares on the stock market or proceed with a buyback. NEXII.MI
Moody's raised the group's outlook after the signing of the framework agreement to buy Nets, confirming credit family rating Ba3. placed Nets' ratings on review for upgrade following the proposed acquisition by Nexi. ATL.MI
Autostrade per l'Italia (Aspi) has chosen a group of companies led by engineering firm Proger to conduct safety checks on 4,500 bridges, overpasses and tunnels it runs, the motorway unit of Atlantia said on Monday. (*) Mid-December could be the new deadline for state lender CDP and co-investors Blackstone (NYSE:BX) and Macquarie to submit a final offer for Aspi after the state-backed investor decided not to present an offer for Atlantia's motorway unit on Monday, Il Sole 24 Ore said.
(*) DIASORIN DIAS.MI
The biotechnology company said it had obtained FDA approval for its Liaison Xl Murex Hiv AB/AG assay, completing its testing solution for Hepatitis and Retroviruses in the U.S. market. continues 6th virtual edition of MED-Mediterranean Dialogues "Beyond turmoil, a positive agenda" (0900 GMT), ends on Dec. 4. On Tuesday expected attendees include Italian Deputy Minister Marina Sereni, U.N. Special Envoy for Syria Geir O. Pedersen, Libyan Foreign Minister Mohamed Taher Syala, U.N. acting Special Representative of the Secretary-General for Libya Stephanie Williams (NYSE:WMB), Cyprus' Foreign Minister Nikos Christodoulides, European Union Military Committee Chairman Claudio Graziano, U.N. Special Coordinator for Lebanon Jan Kubis, U.N. Special Coordinator for the Middle East Peace Process Nickolay Mladenov, EU Commissioner for Neighbourhood and Enlargement Oliver Varhelyi, Vice Chairman of the Presidential Council (PC) of Libya's Government of National Accord (GNA) Ahmed Omar Maiteeq.
Online edition of "5G Italy and the Recovery Fund" starts (0800 GMT), ends on Dec. 3; expected attendees include Chamber of Deputies Speaker Roberto Fico, University and Research Minister Gaetano Manfredi, Innovation Minister Paola Pisano, Cellnex CLNX.MC Chairman Franco Bernabe, savings banks association ACRI President Francesco Profumo, Industry Deputy Minister Stefano Buffagni, Communication Authority AGCOM President Giacomo Lasorella, World Health Organization (WHO) Deputy Director Ranieri Guerra, Cabinet COVID-19 task force member Serafino Sorrenti, ZTE (HK:0763) ZTE.CD Italian unit CEO and ZTE Western Europe Chairman Hu Kun, Tiscali TIS.MI founder Renato Soru, Infrastructure and Transport Minister Mario Nobile.
Banca Finint holds online presentation of "Finint Online Binding Deposit" and "Institute collection strategy" with Vice Chairman Giovanni Perissinotto (1000 GMT).
Barilla Center for Food and Nutrition (BCFN) Foundation holds virtual event on "Resetting the Food System from Farm to Fork: setting the stage for the 2021 U.N. food systems summit" (1300 GMT); expected attendees include Barilla Chairman Guido Barilla, EU Agriculture Commissioner Janusz Wojciechowski, chef Massimo Bottura, Emilia Romagna Deputy Governor Elly Schlein, World Health Organization official Walter Ricciardi, advisor to Italy's Prime Minister advisor Filomena Maggino, U.N. Food and Agriculture Organization (FAO) Chief Economist Maximo Torero; U.N. special envoy Agnes Kalibata delivers closing address.
Webinar on "Italian savings for business financing" with banking association ABI Director General Giovanni Sabatini, Economy Ministry representative Stefano Scalera, insurers' association ANIA Director General Dario Focarelli, Assofondipensione President Giovanni Maggi, Italian private banking association (AIPB) Director General Antonella Massari, Assoimmobiliare President Silvia Rovere; FeBAF President Luigi Abete delivers closign address (1400 GMT).
Online News conference "Operation Digital Risorgimento, the skills of the future, today" with Telecom Italia (TIM) TLIT.MI Chairman Salvatore Rossi and CEO Luigi Gubitosi (1630 GMT).
Luiss University holds webinar "Notes for national interest: the new atlas of the world" with Cellnex Telecom CLNX.MC Chairman Franco Bernabe, state lender agency Cassa Depositi e Prestiti (CDP) CEO Fabrizio Palermo (1630 GMT).
Rome, Environment Minister Sergio Costa speaks before Senate Environment Committee (0900 GMT).
Rome, Prelios CEO Riccardo Serrini speaks before Banking Committee on the business models of operators active in the NPL and UTP markets(1100 GMT).