Valentina Za

Italian state lender CDP adds Citi banker to new top team - sources

01 Mar 2019

MILAN/LONDON, March 1 Italian state lender Cassa Depositi e Prestiti (CDP) has hired senior Citigroup banker Pierpaolo Di Stefano to oversee a growing portfolio of equity investments in the eurozone's third largest economy, sources familiar with the matter told Reuters.

Italy's Carige faces April deadline to fill 630 million euro capital gap

27 Feb 2019

GENOA, Italy Temporary administrators of Banca Carige said they had to find a buyer by April for the Italian bank, after unveiling a 630 million euro (£540 million) capital shortfall.

UPDATE 2-Italy's Carige faces April deadline to fill 630 mln euro capital gap

27 Feb 2019

* ECB to decide in April bank's fate in absence of binding bids

UPDATE 1-Italian bank Creval changes CEO to prepare new business plan

25 Feb 2019

MILAN, Feb 25 Italian mid-sized bank Creval said on Monday that its chief executive Mauro Selvetti had resigned and would be replaced by chairman Luigi Lovaglio, as shareholders seek a change of strategy.

From cars to quakes: Italy's banks take on insurance

04 Feb 2019

MILAN An ageing population and struggling state finances could turn into an unlikely boon for Italy's banks, which have turned to a growing market for insurance to brighten their prospects.

UPDATE 1-Italy's Nexi to pick 13 banks for Milan listing - sources

01 Feb 2019

MILAN, Feb 1 Italian banking service provider Nexi will hire 13 banks to run what could be Italy's biggest initial public offering in three years, sources with knowledge of the plan said.

Italy's Popolare Bari studying tie-up with other southern banks: sources

23 Jan 2019

MILAN/DAVOS Popolare di Bari is studying a possible tie-up with other local mutual banks, two sources said, as the Rome government said it was keeping an eye on the situation at the troubled southern Italian lender.

Some 170 migrants missing in two Mediterranean incidents

20 Jan 2019

MILAN/MADRID An estimated 170 migrants have been lost in the Mediterranean in two incidents involving dinghies that left from Libya and Morocco, migrants organisations said on Saturday.

Italy's Carige will size upcoming state-backed bond at over 1 bln euros-sources

18 Jan 2019

MILAN, Jan 18 An upcoming state-backed bond by Italy's troubled lender Banca Carige is expected to top 1 billion euros ($1.14 billion), three sources familiar with the matter told Reuters.

RPT-Italian banks face 2019 funding crunch without ECB help

16 Jan 2019

MILAN, Jan 15 Many Italian banks are struggling to borrow on the private markets and want European Central Bank (ECB) help as they seek more than 55 billion euros ($63 billion) in funding this year.

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