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…

Euro zone corporate lending growth slows as monthly flows dry up

[ad_1] FILE PHOTO: A woman walks past the European Central Bank (ECB) headquarter as the spread of the coronavirus disease (COVID-19) continues during an extended lockdown and a demand by…

Italian bank inquiry points to improper behavior, commission’s chairman tells paper

[ad_1] MILAN (Reuters) – A new investigation of Italian banking scandals by a parliamentary commission has already revealed some improper behavior, the commission’s chairman, Pier Ferdinando Casini, told the newspaper…

Former Wirecard boss Braun to be quizzed by German lawmakers

[ad_1] FILE PHOTO: Markus Braun, CEO of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions attends the company’s annual news conference in Aschheim…

FTSE finishes higher as consumer stocks lift

[ad_1] L ondon’s top indexes warmed up on Friday after a broadly tepid trading session, amid a boost from consumer firms and retailers. JD Sports and Next were among the…

Italy 50-yr bond drew bumper demand from Germany – debt management chief

[ad_1] ROME, July 10 (Reuters) – More than 80% of the demand for Italy’s 50-year debt issue on Tuesday came from foreign investors, with Germany in the forefront, the head…

German parliament backs Cyprus bailout

[ad_1] BERLIN (Reuters) – Germany’s lower house of parliament voted overwhelmingly on Thursday to grant Cyprus a 10 billion euro bailout that is designed to avert bankruptcy for the tiny…

Italy/Germany bond yield gap at its widest in over 5 years

[ad_1] LONDON, Oct 2 (Reuters) – The Italian/German 10-year bond yield gap hit its widest in over five years on Tuesday as euro zone officials warned of a return to…

Macron says not up to France to lecture Italy on budget

[ad_1] French President’s councillor Emmanuel Macron talks on a mobile phone as he arrives to attend a meeting at the OECD headquarters in Paris October 29, 2012. REUTERS/Bertrand Langlois/Pool BRUSSELS…

Bank of Italy cuts 2019 GDP growth forecast

[ad_1] ROME, June 7 (Reuters) – The Italian economy will grow just 0.3% this year, the Bank of Italy said on Friday, cutting an already reduced projection of 0.6% made…