Results for Italy
- Italy Squares Up To Bad Loans Problem With Bank Resolution Deal
Italy has used a controversial state guarantee to rush through the rescue of four banks before EU “bail-in” rules come into force next year in an effort to deal with tens of billions of bad loans hampering the country’s economic recovery, the Financial ...
Daily Headline - global.abi.org - 11/23/2015 - 21:14 - 0 comments
- Nervous Investors Pay To Lend To Italy
0.023 per cent to buy €1.75bn of Italian debt paying no coupon after Mario Draghi, European Central Bank ...
Daily Headline - global.abi.org - 10/27/2015 - 20:46 - 0 comments
- Uptick In Bank Lending Boosts Italian Recovery
the Abi, the Italian Banking Association, lending to Italian residents grew by 0.2 per cent on an ...
Daily Headline - global.abi.org - 10/18/2015 - 20:07 - 0 comments
- Bank Of Italy Extends Special Administration For Banca Marche
The Bank of Italy will keep mid-sized lender Banca Marche in special administration until mid-December - two months more than previously planned, a source close to the matter said on Tuesday, Reuters reported. The country's central bank put Banca Ma ...
Daily Headline - global.abi.org - 10/13/2015 - 20:37 - 0 comments
- Italy Convicts Former Alitalia Chiefs Over 2008 Bankruptcy
Two former chief executives of Alitalia and three other former managers were given hefty jail terms on Monday over wrongdoing connected to the airline's bankruptcy in 2008, Reuters reported. A Rome court sentenced Giancarlo Cimoli, who ran the compa ...
Daily Headline - global.abi.org - 09/28/2015 - 20:33 - 0 comments
- Italy Report: Major amendments to insolvency and restructuring law
Italy has a modern and competitive legal system to face not only insolvency, but especially, the financial crisis. In order to further improve the present regulations, on 28 January 2015, the Italian Ministry of Justice established a Commission which ...
Resource Article - abi_admin - 09/09/2015 - 11:03 - 0 comments - 1 attachment
- Italy May Rescue Three Small Lenders With Bank Fund
Italy is working on a plan to recapitalise three small lenders under special administration by raising cash through a fund financed by healthy banks, a financial source told Reuters on Friday. The banks are Cassa di Risparmio di Ferrara (Carife), Banca M ...
Daily Headline - global.abi.org - 09/07/2015 - 18:08 - 0 comments
- Italian Money Laundering Reports Jump To All-Time High
Reports of suspicious bank transactions in Italy jumped 10 per cent to a record high last year as the pervasive problems of organised crime, corruption and tax evasion were exacerbated by a three-year economic slump, the central bank said on Monday, the ...
Daily Headline - global.abi.org - 07/13/2015 - 19:53 - 0 comments
- Italy Sells €6.8 Billion In Debt Despite Continuing Greek Crisis
Italian bonds halted a two-day drop and the nation sold €6.8 billion of debt, a sign of investor confidence that fallout from Greece’s financial crisis can be contained, the Irish Times reported. Italy’s sale included €2.9 billion of 10-year bonds an ...
Daily Headline - global.abi.org - 06/30/2015 - 21:21 - 0 comments
- Banca Marche Repays 1.8 Billion Euros Loan To Credito Fondiario
Banca Marche, which was put under special administration in 2013, said on Thursday it had repaid 1.8 billion euros ($2.01 billion) it owed to Credito Fondiario, Reuters reported. The unlisted lender said some of its senior bonds and other securities that ...
Daily Headline - global.abi.org - 06/25/2015 - 21:34 - 0 comments