Search Results for: Italy
Euro zone break-up fears back on the table with Italy expected to reject reforms
November 16th, 2016
The impact of a “no” vote in the upcoming Italian referendum could be far more serious for Europe than Italy, according to analysts, who believe it would form part of the same underlying force as Brexit and the U.S. election victory ...
Italy court accepts Monte dei Paschi settlement request: source
October 14th, 2016
An Italian court accepted a request from Banca Monte dei Paschi di Siena (BMPS.MI) to settle a case revolving round alleged financial crimes by former managers, a source said on Friday. The settlement with Monte dei Paschi involves the ...
Companies from UK, Cyprus, Germany, Italy and 12 other countries involved in a gigantic millions euro tax scam
October 13th, 2016
Four Maltese companies have been implicated in what the Italian authorities are describing as a ‘gigantic carousel fraud’, the Vicenza Guardia di Finanza reported yesterday. The scam, which was perpetrated through 145 Italian companies and 35 companies outside of ...
World Gone Mad, Part 1: “Huge Demand” To Lend Italy Money For 50 Years
October 6th, 2016
You read that right. Not only is Italy selling 50-year bonds, but people are lining up buy them. Italy’s first 50-year bond sale had huge demand (Reuters) – Italy sold its first 50-year bond on Tuesday as ...
Woes at Italy’s Biggest Bank Reverberate in Europe
September 12th, 2016
Troubles could worsen already-weak economy, imperil continent’s fragile financial stability For UniCredit SpA, the summer of discontent for Italy’s banks looks likely to stretch well into the fall—and possibly beyond. UniCredit, Italy’s largest lender by assets, emerged as one of the ...
Italy may trigger collapse of European economy
July 11th, 2016
No emergency measures of either the European Central Bank or any other central banks can rescue the European banking system that currently stands on the verge of collapse. The shares of Europe’s largest financial institutions – Deutsche Bank and ...
Multinational law firm expands across Italy with four new offices and 21 partners
June 23rd, 2016
Tie-up sees firm gain four new offices and 21 partners across Milan, Rome, Venice and Turin. European law firm Fieldfisher has agreed a merger with Italian law firm Studio Associato Servizi Professionali Integrati (SASPI). The merger, structured as a ...
Italy To Announce Tax Break For Investors In SMEs
May 11th, 2016
In a newspaper interview, Italy’s Minister of Finance and the Economy, Pier Carlo Padoan, has disclosed that the Government will shortly introduce a decree providing a tax break for investors in Italian small- and medium-sized enterprises (SMEs). An interview ...
CONSOB Italy warns for unauthorised investment services firms in Italy
April 27th, 2016
The Commissione Nazionale per le Società e la Borsa (CONSOB), the regulatory authority of Italy, has issued an announcement to inform public and investors for firms not authorised to provide investment services and business in Italy. CONSOB warns for the below ...
Italy Forms $5.7 Billion Fund to Shake Off Doubts in Banks
April 12th, 2016
Fund to help weakened banks sell shares and unload bad loans Atlante fund managed by Quaestio Capital investment firm Italian officials and bank executives agreed to create a multibillion-euro fund to help troubled lenders raise capital and offload bad ...
