The Italian government took control of Banca Monte dei Paschi di Siena on Tuesday, injecting EUR5.4 billion ($6.1 billion) into the troubled lender as part of a broad plan ... Read More
The European Commission, the OECD, Economy Minister Piercarlo Padoan, EBA President Andrea Enria, Bank of Italy Vice Governor Fabio Panetta, and the Fitch ratings agency. One after another, like ... Read More
European stock markets closed mixed in light post holiday trade on Wednesday, with miners pushing higher, while Italian banks led decliners on ongoing concerns about the future of Banca ... Read More
One of Deutsche Bank’s top wealth chiefs in London is among 13 bankers facing allegations of fraud and false accounting tied to complex finance transactions with struggling Italian lender ... Read More
Asian shares were broadly higher Wednesday, catching a lift from gains in the U.S., as a weak Japanese yen helped exporters’ stocks on the Nikkei Stock Average. The Nikkei ... Read More
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 ... Read More
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
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