Wirecard collapse leads to call for German parliamentary inquiry

[ad_1] By Andreas Rinke, Neil Jerome Morales BERLIN/MANILA (Reuters) – Germany’s opposition called on Monday for a parliamentary inquiry into the collapse of payments firm Wirecard after a global fraud…

UPDATE 1-Italy’s Nexi to pick 13 banks for Milan listing – sources

[ad_1] By Valentina Za, Gianluca Semeraro (Adds details, context) MILAN, Feb 1 (Reuters) – Italian banking service provider Nexi will hire 13 banks to run what could be Italy’s biggest…

Italian bad loan prices must fall to lure back foreign buyers – Axactor Italy

[ad_1] MILAN, Nov 17 (Reuters) – International investors will steer clear of Italian impaired bank loans until prices fall to reflect the higher risks associated with the COVID-19 crisis, the…

Germany’s BaFin files criminal complaint against Greensill Bank – prosecutor

[ad_1] FRANKFURT, March 3 (Reuters) – Germany’s financial regulator BaFin has filed a criminal complaint against Greensill Bank, the prosecutor’s office in Bremen said on Wednesday. BaFin didn’t immediately respond…

Accenture and ION among quartet vying for Italy’s Cedacri -sources

[ad_1] MILAN, Nov 25 (Reuters) – IT consultancy Accenture and international fintech company ION Group are among a group of four bidders that have submitted indicative bids for Italian banking…

Italy’s Target2 debt hits new record high, ECB’s funding to banks rises

[ad_1] MILAN, July 7 (Reuters) – Italy’s liabilities towards other euro zone central banks hit a new all-time high in June, as the country’s lenders rushed to borrow from the…

Credit Agricole Italy head says bid for Creval is ‘fair’ – paper

[ad_1] FILE PHOTO: A Credit Agricole logo is seen outside a bank office in Vertou near Nantes, France, February 11, 2019. REUTERS/Stephane Mahe MILAN (Reuters) – A cash takeover offer…

Credit Suisse to move Dutch investment banking team to London – source

[ad_1] LONDON, Feb 6 (Reuters) – Credit Suisse is relocating its Dutch investment banking team from Amsterdam to London as the Swiss bank seeks to improve efficiency and profitability, a…

Italy – Factors to watch on May 16

[ad_1] The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For…

Intesa offers to buy Veneto banks’ healthy assets for 1 euro

[ad_1] By Silvia Aloisi, Andrea Mandala MILAN (Reuters) – Italy’s biggest retail bank Intesa Sanpaolo ISP.MI on Wednesday set tough conditions on an offer to buy the healthy assets of…