by Marco Ferrando and Luca Davi
The stakes forthe rescue of Veneto Banca and Banca Popolare Vicentina just got higher: the European Commission has asked for €1 billion in private investment to grant the green light for a ...
by Marco Ferrando
Along with the first quarter's accounts, tomorrow Monte dei Paschi di Siena’s board of directors will look at the latest version of the rescue plan to save the struggling bank that ...
by Katy Mandurino
The underlying feeling remains uncertainty and the prevailing sense of impotence, conditioned by 2016 losses and the endless wait for answers from Europe for an approval of a recapitalization ...
by Luca Davi & Marco Ferrando
The Atlante bank rescue fund is again being linked to troubled Italian lender Monte dei Paschi di Siena's planned sale of €29 billion in non performing loans. According to Il Sole 24 ...
by Alessandro Merli
The Italian economy needs to “quickly” resolve the problem of banks' non-performing loans (NPLs). And the banking system has to proceed towards consolidation and cost ...
by Katy Mandurino
Redundancy negotiations with personnel, cost cutting, optimization of services and commercial synergies: these are the main open issues within the restructuring plan of Banca Popolare ...
by Luca Davi
Struggling bank Monte dei Paschi di Siena's business plan, currently under discussion with the ECB and the European Commission pending a state-backed €8.8 billion ...
by Davide Colombo
Deteriorated credit at Italian banks is declining, albeit at a slow pace. And the economic recovery will accelerate the trend. But Bank of Italy Governor Ignazio Visco said on Tuesday ...
by Fabio Pavesi
The 340-page document filed yesterday with the Court of Venice taking legal action against 32 former top managers at the cooperative bank Banca Popolare Vicenza is a litany of woe. Former ...
by Alessandro Merli
The European Central Bank “has already shared information with the European Commission about Veneto Banca and Banca Popolare di Vicenza,” and it's up to the Commission to ...
