Leonardo CEO Under Investigation Over His Time as Italy Minister

[ad_1] Italy’s prosecutors are investigating Leonardo SpA’s Chief Executive Officer Roberto Cingolani for having provided an environmental authorization to Solvay SA during his time as minister, according to people familiar…

How Credit Suisse’s demise strengthens Switzerland’s place in global finance

[ad_1] As Switzerland digested the news of Credit Suisse’s takeover by rival UBS, the headlines were unequivocally bleak. The deal is a “historic scandal,” wrote the daily Tages-Anzeiger. It marks…

Why Italy Is Arguing Over World’s Oldest Bank, Again

[ad_1] Italy’s Banca Monte dei Paschi di Siena SpA, the world’s oldest bank, almost collapsed during the global financial crisis. After years of painful turnaround efforts — and its nationalization…

Panetta to take lead of BoI Nov 1 – English

[ad_1] (ANSA) – ROME, JUN 27 – ECB executive board member Fabio Panetta will take up his new post as Bank of Italy governor on November 1, the cabinet said…

Draghi’s political downfall: How power imploded in Italy and what happens next

[ad_1] Once a managing director at Goldman Sachs International, Draghi became Italian prime minister in February 2021 to lead a technocratic government. Draghi delivered on several fronts, including putting together…

How Washington Persuaded Europe to Put a Price Cap on Russian Oil

[ad_1] President Biden and senior advisers, in last-minute negotiations with world leaders, secured support for a novel plan that aims to keep Russian oil on global markets while limiting the…