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Italy

A logo of Monte dei Paschi di Siena bank is seen on the ground in Siena

Monte Paschi sees €4.8 billion loss in 2016; cuts thousands of jobs

25/10/2016(0)
Italy’s third-largest bank, Monte dei Paschi di Siena, has resolved to write down bad loans, lay off a tenth of its staff and raise €5 billion. The planned overhaul ... Read More
Corporate_taxes

Italian Corporate Tax Rate To Fall In New Budget

18/10/2016(0)
In a press conference on October 15, following approval by the Government of the draft Italian 2017 Budget, Premier Matteo Renzi announced that it contains the promised business tax ... Read More
A logo of Monte dei Paschi di Siena bank is seen on the ground in Siena

Italy court accepts Monte dei Paschi settlement request: source

14/10/2016(0)
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 ... Read More
UniCredit

Woes at Italy’s Biggest Bank Reverberate in Europe

12/09/2016(0)
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, ... Read More
Jack Ma, executive chairman of Alibaba Group,

Jack Ma Is Opening His Wallet to Europe But Not to Europeans

08/08/2016(0)
Payments powerhouse Alipay ramps up search for retail partners Targets Chinese tourists, expats; no offer for local consumers Jack Ma will set a bag aside for you at your ... Read More
Monte dei Paschi bank

World’s oldest bank is on the point of collapse

18/07/2016(0)
Italy’s third-largest and the world’ oldest bank, Monte dei Paschi de Siena, is on the point of collapse unless it receives state support. Its failure could spark a banking ... Read More
italy banking sector

Italy may trigger collapse of European economy

11/07/2016(0)
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 ... Read More
Mario-Renzi

One of the worst markets hit in the last two-weeks has been Italian banks

06/07/2016(0)
While most of the post-Brexit headlines have centred on the fall in value of sterling and the surge of interest in safe havens such as gold and government bonds, one of the worst ... Read More
markets

Asian Shares Retreat With Commodities as Haven Demand Boosts Yen

05/07/2016(0)
Aussie falls as RBA leaves key rate unchanged; yen advances Nickel slides from eight-month high as Brent crude below $50 Asian stocks dropped for the first time in a ... Read More
Fieldfisher

Multinational law firm expands across Italy with four new offices and 21 partners

23/06/2016(0)
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 ... Read More
Broker Cyprus TopFX