Wealth dip affects Italy’s SMEs
In a bid to shore up its economy, Italy is actively seeking the savings of its citizens. However, this strategy…
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Italian banks
Italian banks drag European bourses lower at early trade
European stock markets were lower Tuesday morning, after a market rally following a new North American Free Trade…
Europe banks hold €988 billion in NPLs: IMF
Bank in Europe still hold "a very high" €988 billion ($1.17 trillion) in non-performing loans (NPLs) on their…
European stocks slip as Italian banks, Volkswagen weigh
Stocks in Europe slipped Monday, with losses among Italian banks putting the pan-European on track for its first…
Italy’s Lenders raise credit Limit for Financing Italian Projects in Egypt to €10bn
Italian lending agencies have decided to raise the credit line for financing Italian investment projects in Egypt…
Intesa Sanpaolo Named Best Bank In Italy By Global Finance
Intesa Sanpaolo has been awarded by the American magazine GLOBAL FINANCE as “Best Bank in Italy” in the category…
EU Approves Aid For Spain, Italy
Under pressure to prevent a catastrophic breakup of their single currency, euro zone leaders agreed on Friday to…
Italy’s MPS To Sell Biverbanca Stake For €200 Mln
Italy's third-biggest lender, Banca Monte dei Paschi di Siena, has reached a deal to sell its 60 percent stake in a…
S&P Warns Italy’s MPS Bank From A Rating Cut
Italy's third-largest bank, Monte dei Paschi di Siena, must quickly plug a capital shortfall to fend off the threat…
Italian Bank’s Borrowing From ECB Registers New Record In May
Italian banks’ borrowings from the European Central Bank rose to a third straight monthly record in May as concerns…
