Search Results for: Italy
Can the world’s oldest bank survive Italy’s upheaval?
December 6th, 2016
The world’s oldest operating bank is racing to avoid a government bailout. Italy’s Monte dei Paschi di Siena (BMDPF) is trying to salvage a rescue plan that would see investors inject €5 billion ($5.4 billion) into the bank. Political ...
Euro steadies after short-covering rally, eyes on ECB and Italy
December 6th, 2016
The euro steadied on Tuesday, having bounced from a near 21-month low set the previous day after Italian Prime Minister Matteo Renzi’s loss in a referendum over constitutional reform, an outcome that traders had widely expected. Renzi announced on ...
What to know now following Italy’s “NO” result and Renzi resignation
December 5th, 2016
Italy’s Prime Minister Matteo Renzi has said he will officially resign Monday, after voters apparently rejected his proposals for constitutional reform. What should investors keep an eye out for after his defeat? Although the referendum on Sunday was officially ...
Italy’s Renzi vows to resign after crushing referendum defeat
December 5th, 2016
Italian Prime Minister Matteo Renzi vowed to resign after suffering a crushing defeat on Sunday in a referendum on constitutional reform, tipping the euro zone’s third-largest economy into political turmoil. His decision to quit after just two and a ...
Euro Slips With Asian Stocks While Bonds Rise as Italy Votes No
December 5th, 2016
Renzi to resign as referendum defeated; Kiwi down as Key quits Yuan falls offshore on Trump tweets; oil drops on U.S. output The euro retreated with stocks, while bonds rose, amid concern the failure of Italy’s referendum on constitutional ...
Italy has requested possible Monte dei Paschi bailout
December 2nd, 2016
Italy is discussing with the European Commission the terms of a state bailout of ailing bank Monte dei Paschi (BMPS.MI: Quote) that has already been requested and could be launched next week if needed, Italian daily Corriere della Sera ...
Is Italy’s Referendum a move towards Italy’s EU Exit?
December 1st, 2016
The accepted wisdom is that Italy’s referendum on the 4th of December is a major political challenge to the integrity of the Eurozone, but do all analysts agree as some appear to be downplaying its importance? Italy’s referendum on ...
Foreign Exchange and OTC Derivatives Market Turnover in Italy
November 28th, 2016
In April 2016 the Bank of Italy conducted the customary triennial survey of the volume of foreign exchange and OTC derivatives market transactions carried out by the major resident banks. The survey was performed by 52 central banks and ...
CONSOB Italy warns for Alfatrade
November 23rd, 2016
The Commissione Nazionale per le Società e la Borsa (CONSOB), the regulatory authority of Italy, has issued a warning to inform public and investors for companies not authorised to provide investment services or carry out activities in Italy. According the warning: ...
Italy referendum result could send shockwaves through markets and destroy Europe
November 17th, 2016
Analysts believe the outcome of the ballot on constitutional reform could have massive global implications. With many European leaders already coming under severe pressure from anti-EU parties ahead of elections next year the significance of the Italian result is ...
