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…

New TV channel seals funding to challenge British media ‘consensus’

[ad_1] LONDON (Reuters) – A new television channel has secured millions of dollars from investors such as Discovery Inc, Legatum and hedge fund manager Paul Marshall to challenge what it…

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…

Unregulated British firm Financial.org closes investors’ accounts

[ad_1] LONDON/JAKARTA (Reuters) – Unregulated British firm Financial.org, which is on eight watchdogs’ alert lists, has closed all investors’ dollar accounts and converted the balances to its new cryptocurrency, according…

Ferrari and Ray-Ban deemed a safer bet than Italian government bonds

[ad_1] By Alasdair Pal, Abhinav Ramnarayan LONDON (Reuters) – Italy’s luxury carmaker Ferrari and Exor, the owners of Juventus football club, are among a host of companies that can now…

Swiss investor adviser calls for Credit Suisse chairman to go

[ad_1] By Brenna Hughes Neghaiwi, John O’Donnell ZURICH (Reuters) – Prominent Swiss investment adviser Ethos Foundation has called on Credit Suisse CSGN.S Chairman Urs Rohner to step down to take…

Nexi’s private equity owners sell 8.8% stake at 14.2 euros/share

[ad_1] MILAN (Reuters) – Mercury UK, a vehicle of private equity firms that hold a controlling stake in Nexi NEXII.MI, has placed an 8.8% stake in the Italian payments group…

EBRD extends mandate in Greece to 2025 to spur growth

[ad_1] ATHENS (Reuters) – The European Bank for Reconstruction and Development got shareholder approval to extend its mandate in Greece until 2025 to support the country’s recovery from a debt…

Credit Suisse to shift 50 jobs to Madrid from London for Brexit – source

[ad_1] FILE PHOTO: The logo of of Swiss bank Credit Suisse is seen at an office building in Zurich’s Oerlikon suburb, Switzerland July 27, 2017. Picture taken July 27, 2017.…