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MONTE DEI PASCHI
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 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...
- Six top cues that changed things for Dalal Street while you were sleepingAsian stocks were little changed on Tuesday in thin trade and with little to guide them as most major markets were closed on Monday.
- Six top cues that changed things for Dalal Street while you were sleepingOil prices rose in quiet trading on Thursday, supported by strong US economic data and a pause in the US dollar rally.
- 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.
- Five triggers that changed your market while you were sleepingAre good job numbers back in the US? Is crude oil going to see another major slump? These are some of the questions haunting equity markets...
- Intesa Sanpaolo open to list private banking, asset manager- ReportItaly's leading retail bank Intesa Sanpaolo is weighing the option to list its private banking and asset management units, CEO Carlo Messin...
- 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 gave Monte Paschi 2 billion loan in 2011: ReportsThe Bank of Italy gave EUR 2 bn in emergency funds to struggling Monte dei Paschi bank in 2011 but this was not a secret operation.
- 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.
- HDFC Bank ties up with Italian bankHDFC 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...
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