Intesa Sanpaolo ADR
ISNPY: PINX (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$14.23 | Phzb | Pnqgdzzfrh |
Intesa: Right Bank in the Wrong Place
Business Strategy and Outlook
Intesa Sanpaolo is the best-run bank in Italy, but the weakness of the Italian banking system erodes whatever competitive advantage Intesa may have.