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Whoever wins the very public scrap for control of Italy's Banca Carige SpA on Thursday, they won't have much time to enjoy the victory. A... [Read More]
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Fiat factory workers in Italy can think of a few things they'd rather see their owner spend $130 million on than Cristiano Ronaldo. A... [Read More]
Fiat factory workers in Italy can think of a few things they’d rather see their owner spend $130 million on than Cristiano Ronaldo.A Fiat Chrysler... [Read More]
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Their union is protesting the purchase of the soccer star player by Juventus Football Club, which like the carmaker is owned by the Agnelli family. [Read More]
Absorbing two of Italy's failing banks wasn't enough to keep Intesa Sanpaolo SpA from posting a higher profit in the third quarter as provisions for bad... [Read More]
Italy's Treasury faces an uphill struggle to recover its investment in Banca Monte dei Paschi di Siena SpA after investors valued the stock at more... [Read More]
The Most Serene Republic, as the area around Venice was known for a millennium, is now the troubled epicenter of a banking meltdown that's threatening... [Read More]
UniCredit SpA Chief Executive Officer Jean Pierre Mustier defied expectations that the bank couldn't keep up earnings growth, posting a surprise second-quarter profit surge and... [Read More]
Italy will subscribe to Banca Monte dei Paschi di Siena SpA's capital increase at 6.49 euros per share, the world's oldest bank said in a... [Read More]
As Italian taxpayers contemplate the $19 billion bill to clean up two failed Veneto banks, Intesa Sanpaolo SpA shareholders cheered. [Read More]
Depositors were at risk so the state had to stop in to to save Banca Popolare di Vicenza and Veneto Banca, Prime Minister Paolo Gentiloni... [Read More]
Italy approved emergency rules for two ailing banks in the northern Veneto region, "mobilizing" as much as 17 billion euros ($19 billion) to liquidate the... [Read More]
Intesa Sanpaolo SpA offered to take on the assets of two troubled lenders in Italy's northern Veneto region on condition that it doesn't have to... [Read More]
Italy may have no time to rest on its laurels after brokering a deal to keep Banca Monte dei Paschi di Siena SpA in business. [Read More]
Bank 'will undergo deep restructuring to ensure its viability' as plan sets precedent in how governments can help struggling financial institutions... [Read More]
UniCredit SpA is betting investors will shrug off Jean Pierre Mustier's more painful-than-expected clean-up charges in the run-up to its 13-billion-euro ($14 billion) share sale. [Read More]
Intesa Sanpaolo SpA said it's considering a merger with Assicurazioni Generali SpA, a deal that would reshape Italy's financial industry by combining its second-biggest bank and... [Read More]
Intesa Sanpaolo SpA said it's considering a merger with Assicurazioni Generali SpA, a deal that would reshape Italy's financial industry by combining its second-biggest bank with... [Read More]
Intesa Sanpaolo SpA is considering an all-stock offer for Assicurazioni Generali SpA, newspaper la Repubblica reported a day after the Italian insurer bought 3 percent of... [Read More]
After Banca Monte dei Paschi di Siena SpA failed to raise funds on the market, attention now turns to UniCredit SpA. [Read More]
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