European shares rebound after six-month lows
European shares inched higher on Tuesday following six-month lows hit in the previous session, driven by a global…
Browsing Tag
Monte dei Paschi di Siena
Italy’s Monte dei Paschi seeks sale of French unit MP Banque
Italian state-owned bank Monte dei Paschi di Siena (BMPS.MI) is in discussions to sell its French subsidiary, MP…
Italy set to put in around €6.5 billion to rescue Monte dei Paschi bank: Report
Italy’s government is likely to put in around €6.5 billion ($6.8 billion) to rescue the country's third biggest…
Italy seeks to borrow €20 billion to support banking sector
Italy’s government decided Monday to seek parliamentary approval in order to borrow €20 billion ($ 20.7 billion) to…
UniCredit to raise €13 billion in Italy’s biggest share issue
Italy's largest bank, UniCredit announced Tuesday it would raise 13 billion euros ($13.83 billion) in the country's…
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…
