The following factors could affect Italian markets on Monday.
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 .
ECONOMY
An Italian prosecutor has asked for five current and former managers at credit ratings agency Standard & Poor's to be jailed for alleged market manipulation in relation to a sovereign downgrade of the country, a court heard on Friday. government could ask the European Commission for a "margin of flexibility" on its budget given the recent natural disasters the country has faced, reported la Repubblica on Sunday, without giving details.
Italy must address its debt problems and put them on a "descending trajectory", president of the European Commission Valdis Dombrovskis said in an interview to La Stampa on Sunday, adding he hoped Italy would cut its structural deficit as requested by the Commission given "it's not much".
DEBT
Treasury announces sale of zero-coupon and inflation-linked bonds, with relative amounts to be auctioned on Jan. 26.
COMPANIES
UNICREDIT CRDI.MI
Reverse stock split takes effect assigning one new ordinary share for every ten owned.
BANCA MONTE DEI PASCHI DI SIENA BMPS.MI
Technical staff from the European Central Bank will meet the lender in its Milan headquarters this week for a "routine appointment", focusing on the lender's 2016 results, reported La Stampa on Saturday.
The bank will be updating its industrial plan, which it will have to present to the European Commission, with the help of consultants McKinsey and Oliver Wyman, reported la Repubblica on Saturday.
INTESA SANPAOLO ISP.MI
The Italian bank said on Friday that rating agency DBRS had cut its long-term ratings bringing them in line with Italy's following this month's sovereign downgrade. BANCA UBI.MI
DBRS has cut the trend on the lender's ratings to negative following the Italian bank's acquisition of three small lenders that were rescued from bankruptcy in November 2015. BPM BAMI.MI
The newly merged Italian bank said on Friday it had sold to Hoist Finance an unsecured bad loan portfolio with a nominal value of 641 million euros without any impact on its accounts. INTERMOBILIARE BIM.MI
The private bank said on Friday it had carried out a 300-million euro, two-week repo deal with its controlling company Veneto Banca which plans to tap a state guarantee to issue debt and raise more liquidity. BANKS
Italy's banking sector still has issues to confront but the government is addressing them and overall the sector is recovering and has better capital and liquidity levels, president of the European Commission Valdis Dombrovskis said in an interview to La Stampa on Sunday.
Italian state lender Cassa Depositi e Prestiti (CDP) on Saturday denied a report by news agency Ansa, saying that it was under pressure, by the government and banking foundations, to increase its contribution to Italy's banking rescue fund Atlante II, set up to help free banks of bad debt.
With a debt of 57.8 million euros, Italian real estate entrepreneur Maurizio Zamparini is the single biggest debtor to regional lender Popolare di Vicenza, reported Corriere della Sera on Saturday. The report added that other 29 people owe the bank a total of 589 million euros in debt.
GENERALI GASI.MI
German insurer Allianz ALVG.DE might be considering the Italian insurer as possible target for an acquisition, though it might not be interested in the whole group but "only parts", daily La Stampa said on Sunday in an unsourced report. Allianz had already looked at Generali last summer but then backtracked when it found out that Axa was interested in the Italian group, it added.
Given that also Intesa San Paolo ISP.MI is interested in Generali, Allianz and the Italian lender could be both part of an accord, the report added, without giving details.
Generali's Chief Financial Officer Alberto Minali could be leaving his position in Generali, "in a matter of days", La Stampa also reported.
ENEL ENEI.MI
Trades ex-dividend of 0.09 euro per share as 2016 interim dividend.
LEONARDO LDOF.MI
The Italian defence company is looking at selling the small Electron Italia unit, which installs security systems, including those in the country's stadiums, reported Il Sole 24 Ore on Saturday. The state-controlled group has already signed a preliminary agreement with Naples-based Madinok for the sale, added the unsourced report.
MEDIASET MS.MI
The Italian broadcaster told investors at a meeting on Friday that it will launch a web platform with the aim of increasing its audience share, as part of a broader strategy rethink, reported Il Sole 24 Ore on Saturday that aims.
Given Mediaset 's new strategy to pay less to win rights to air soccer matches, the broadcasting rights to Europe's Champions League should end up with the Italian unit of Sky SKYB.L , an unsourced report by il Sole 24 Ore said on Saturday.
The report added that an agreement between Sky and Mediaset over the soccer rights could be a possibility but that the deal could face opposition from Italian anti-trust regulation.
MOLESKINE MSK.MI
Trade suspended ahead of delisting.