Regional spotlight on NPLs: Greece, Italy, Spain and beyond
Europe's banks continue to defy expectations—not a single country saw its banking sector's NPL ratio increase in 2021, with the vast majority…
Source: lexology.com
Page 32 - Monte Paschi News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Monte Paschi Today - Breaking & Trending Today
Troubled Italian bank ousts chief executive
Veteran banker replaces Guido Bastianini at state-owned lender
Source: irishtimes.com
Equity indices trade mixed, HSBC reported mixed results and announced buyback
- Modest equity moves have been seen thus far. - Nikkei has remained lower [Heavyweights decline (Fast Retailing, Softbank Group)]; Tokyo Steel rises
Source: fxstreet.com
Italy May Need to Weigh Paschi Curbs to Allay EU in Sale Delay
(Bloomberg) -- Italy may have to weigh potential divestments or other changes to satisfy European Union regulators if it extends a deadline to sell off Banca Monte dei Paschi di Siena S.p.A. beyond this year.
Source: bloombergquint.com
After deal fails, Italy seeks more time to sell Paschi
Italian Prime Minister Mario Draghi’s government is set to ask the EU for more time to find a buyer for Banca Monte dei Paschi di Siena SpA, after efforts to sell the troubled Tuscan lender to UniCredit SpA fell apart over the weekend. The Italian government and Milan-based UniCredit under chief executive officer Andrea Orcel said in a statement on Sunday that they were no longer pursuing talks. The two sides were unable to agree on how much new capital Monte Paschi needed before the sale and the assets to be transferred, people familiar with the matter said. Italy is to seek an
Source: taipeitimes.com