MILAN (Reuters) – An Italian appeals court on Monday postponed its verdict in the case of three former executives of Banca Monte dei Paschi di Siena over derivative deals blamed …
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MILAN (Reuters) -UniCredit Chief Executive Andrea Orcel on Wednesday did not rule out the Italian bank reassessing a potential acquisition of Monte dei Paschi di Siena in the future, after …
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MILAN (Reuters) – The European Central Bank has set the minimum capital requirements for Banca Monte dei Paschi di Siena (MPS) for next year and also removed a ban on …
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By Valentina Za MILAN (Reuters) -Investors in Monte dei Paschi di Siena have taken up 96.3% of the Italian lender’s 2.5 billion euro ($2.4 billion) new share issue, leaving less …
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MILAN (Reuters) – Italy’s Monte dei Paschi di Siena launched on Monday a new share sale, its seventh in 14 years, seeking to raise up to 2.5 billion euros ($2.4 …
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MILAN (Reuters) – Monte dei Paschi di Siena (MPS) on Thursday set the terms of an up to 2.5 billion euro ($2.4 billion) cash call it will launch on Monday. …
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FLORENCE, Italy (Reuters) -Monte dei Paschi di Siena is set to get around 30 million euros ($29 million) for its new share issue from local banking foundations, including the Tuscan …
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FLORENCE, Italy (Reuters) -Unions at Monte dei Paschi di Siena on Tuesday said 4,125 employees of the state-owned bank had come forward to take up an early exit scheme. Monte …
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By Valentina Za MILAN (Reuters) – French insurer Axa is considering investing at least 100 million euros ($97.99 million) in a new share sale by Monte dei Paschi di Siena …
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By Silvia Ognibene and Valentina Za SIENA, Italy (Reuters) -Shareholders in Monte dei Paschi di Siena (MPS) on Thursday approved a new share sale for up to 2.5 billion euros …
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MILAN (Reuters) – Shareholders in state-owned Monte dei Paschi di Siena (MPS) on Thursday approved a 2.5 billion euro ($2.5 billion) cash call. Here is a timeline of key events …
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MILAN – Italian state-owned bank Monte dei Paschi di Siena reached an accord with unions over thousands of job cuts which are part of commitments Rome agreed this week with …
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By Valentina Za MILAN – State-owned Monte dei Paschi di Siena (MPS) on Thursday announced a 2.5 billion euro ($2.6 billion) cash call under new Chief Executive Luigi Lovaglio. Here …
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By Giuseppe Fonte and Valentina Za ROME – Italy expects to reach an informal agreement with European Union authorities soon over new restructuring goals for Monte dei Paschi di Siena …
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ROME – UniCredit Chief Executive Andrea Orcel ruled out on Tuesday that talks with Italy’s Treasury over the sale of state-owned bank Monte dei Paschi di Siena could resume. “The …
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MILAN – An appeals court on Friday acquitted all 13 defendants, as well as Deutsche Bank and Nomura, over derivative deals that prosecutors alleged helped Monte dei Paschi di Siena …
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By Giuseppe Fonte ROME – Italy is beefing up a 1.5-billion-euro ($1.6 billion) money pot destined for state-owned bank Monte dei Paschi di Siena (MPS), three sources close to the …
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By Giuseppe Fonte and Valentina Za ROME – Rome expects to return Monte dei Paschi di Siena into private hands only after the bailed-out lender completes restructuring steps it is …
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By Giuseppe Fonte ROME – Italy’s Monte dei Paschi di Siena (MPS) could name a new chief executive as early as Monday after the state-owned bank’s nomination committee proposed the …
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By Valentina Za MILAN – The Italian government should hasten plans to help Monte dei Paschi raise cash on the market, the CEO of the Tuscan bank said, after the …