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BANCA MONTE DEI PASCHI DI SIENA
Ray-Ban heir escalates fight for family fortune controlHeir Leonardo Maria Del Vecchio is publicly challenging his family's holding company, Delfin, over a proposed 10 billion euro buyout of two...
Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
Global Markets: European shares edge higher with banks in the lead; the Middle East in focusEuropean markets saw a rise on Tuesday. Banking stocks led the gains, with Italian lenders drawing attention. Tech stocks stabilized after ...
Global markets: Europe's STOXX 600 hits two-week low on Mideast escalation, AI jittersEuropean shares hit a two-week low as Middle East tensions and a global AI stock selloff weighed on the market. Crude oil prices surged ove...
European shares steady as M&A optimism offsets French political turmoilEuropean shares remained stable. Merger deals provided initial optimism. This offset political uncertainty in France. Francois Bayrou's ous...
Italian websites targeted by alleged pro-Russian hackersMonday's cyberattacks were carried out by pro-Russian hacker group Noname057(16) against the websites of Intesa Sanpaolo, Banca Monte dei P...
European shares muted as luxury firms fallThe pan-European STOXX 600 held firm at 509.9 points as of 0817 GMT, with healthcare leading subsector gains with a 1.1% rise, while basic ...
European stocks steady after three-day selloffEUROPE-STOCKS/ (URGENT)European stocks steady after three-day selloff
European shares hit nine-month high on upbeat cues from Fed's PowellPowell's remarks that 2023 should be a year of "significant declines in inflation" was interpreted as less hawkish than feared, although he...
Fate of world's oldest bank, Italy's BMPS, unclear as talks failThe fate of the world's oldest bank, Italy's Banca Monte dei Paschi di Siena (BMPS), was hanging in the balance on Monday after the collaps...
European stocks inch higher as commodity prices supportMining and energy stocks climbed 1 per cent and 0.7 per cent, respectively, boosted by oil prices at multi-year highs and copper prices adv...
Timing is still not quite right for Italian banking mergersRegulators have been advocating consolidation, given the necessity to continue reducing costs and improving margins.
Higher yields could trigger new debt concerns: ECBDebt-sustainability concerns have risen in the past 6 months due to potential increase in yields.
Referendum spells trouble for eight Italian banksThe proposed changes would reduce the role of the senate and transfer power to the central government from the regions, Reuters reports.
Deutsche Bank charged over Paschi accounts in fresh legal blowDeutsche Bank has been trying to reassure investors and clients that it can withstand the financial strain of mounting legal bills.
25 European banks fail stress test, 12 have fixed holes alreadyThe ECB is about to take on its new regulatory responsibilities but it may be its monetary policy powers that the euro zone needs most.
World’s oldest bank Banca Monte gets a lease of lifeThe world’s oldest bank is extending its longevity by suspending payments on some of its debt—without triggering a default.
Bank of Italy approves Monte Paschi aid of $5.3 billionThe decision comes after revelations the lender's former management hid details of structured-finance transactions from regulators.
- Rome to inject euros 10-15 bn into banks: Report
The Italian government plans to spend between 10 billion and 15 billion euros (12.8 to 19.2 billion dollars) to shore up the liquidity of t...
- HDFC Bank ties up with Italian bank
HDFC Bank has said it has tied up with Banca Monte dei Paschi di Siena, an Italy-based bank, for providing banking services to each other's...