[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…
Tag: Consumer Lending (TRBC level 4)
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…
Paragon to reorganise business lines
[ad_1] LONDON (Reuters) – Britain’s Paragon Group of Companies PARA.L said on Thursday it was reorganising its business lines to accelerate its transformation into a diversified banking group and improve…
Former Italian minister raises 600 million euros in bank acquisition project
[ad_1] MILAN (Reuters) – Veteran Italian banker and former Industry Minister Corrado Passera topped expectations by raising 600 million euros (£526 million pounds) from investors with the aim of acquiring…
UBI aims to double profit by 2022 by cutting costs, loan losses
[ad_1] MILAN (Reuters) – UBI Banca UBI.MI aims to nearly double its net profit in the next three years by cutting costs and reducing losses from problem loans, the bank…
Factbox: Canada offers C$2.5 billion for hard-hit energy sector as part of COVID-19 stimulus
[ad_1] (Reuters) – * Canada to invest C$1.7 billion ($1.2 billion) to clean up orphan and abandoned wells, set up C$750 million emission reduction loan fund and offer C$962 million…
Greek bank loans subject to COVID-19 repayment relief hit $37 billion last year
[ad_1] ATHENS (Reuters) – Greek banks deferred repayments on 30 billion euros ($36.85 billion) worth of loans last year to help borrowers cope with the financial fallout of the COVID-19…
Australia calls for new probe into loan pricing by banks
[ad_1] By Sonali Paul, Paulina Duran MELBOURNE (Reuters) – The Australian government has ordered the competition watchdog to investigate why banks failed to fully pass on three official interest rate…
Guarantor loans surge to top of UK financial complaints chart
[ad_1] LONDON (Reuters) – Complaints about guarantor loans by companies such as Amigo soared last year, eclipsing grievances over payment protection insurance (PPI) that have dominated for more than a…
Credit Suisse shareholders approve final 2019 dividend payment
[ad_1] FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at its headquarters at the Paradeplatz square in Zurich, Switzerland October 1, 2019. REUTERS/Arnd Wiegmann ZURICH (Reuters) –…