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…

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…

Credit Suisse winds down $10 billion Greensill-linked funds

[ad_1] By Brenna Hughes Neghaiwi, Abhinav Ramnarayan ZURICH (Reuters) – Credit Suisse said on Friday it is winding down its $10 billion supply chain finance funds, which were mostly invested…

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…

Swiss tax authority will not appeal UBS file access in French tax probe

[ad_1] The logo of Swiss bank UBS is seen at the company’s headquarters in Zurich, Switzerland February 10, 2015. REUTERS/Arnd Wiegmann/File Photo ZURICH (Reuters) – The Swiss federal tax administration…

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…

Man Group assets grow 4% on market recovery

[ad_1] (Reuters) – British hedge fund manager Man Group EMG.L on Friday reported a 4.4% rise in funds under management, as it saw a recovery in markets after a steep…

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…

Credit Suisse tests blockchain for processing fund trades

[ad_1] FILE PHOTO: A worker repairs a Credit Suisse sign at a branch in Zurich, Switzerland, on November 1, 2018. REUTERS/Arnd Wiegmann/File Photo LONDON (Reuters) – Credit Suisse’s asset management…