MILAN, Nov 15 The Bank of Italy has been
collecting data on how efficiently the unpaid loans sold off by
banks are being recouped, reflecting concerns about slow
progress and the potential fallout for taxpayers, two sources
familiar with the matter said.
MILAN UniCredit on Thursday opened the door to its first share buyback in more than a decade after solid third-quarter earnings and a boost to the bank's capital.
* Capital allocation "paramount" under new plan
(Adds comments from press conference)
MILAN Monte dei Paschi expects more clarity in a few weeks on negotiations between Italy and European competition authorities on a proposed "massive" problem loan clean-up at the state-owned bank, its chief executive said.
MILAN, Nov 6 Monte dei Paschi expects
more clarity in a few weeks on negotiations between Italy and
European competition authorities on a proposed "massive" problem
loan clean-up at the state-owned bank, its chief executive said.
Mailand In der kriselnden Autobranche soll ein neuer Champion entstehen: Fiat Chrysler und die Opel-Mutter PSA wollen zum viertgrößten Autokonzern der Welt verschmelzen.
MILAN Italian bad loan specialists Banca IFIS and Credito Fondiario on Wednesday ended talks to set up a debt recovery partnership with IFIS citing disagreements over governance.
MILAN, Oct 30 Italy's Cerved would
like to combine its debt management division with a debt
purchasing business as it studies a possible sale or merger of
the unit, its chief executive said.
(The October 24 story corrects to make clear other shareholders would also be hit in paragraph 11.)
LONDON/MILAN/ATHENS Greece's Eurobank is struggling to finalize a deal to sell a majority stake in its loan-recovery business to U.S. money manager PIMCO, sources familiar with the matter told Reuters, after a Sept. 30 deadline passed with no agreement.