Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 30, 2025 By Gavin Jones ROME (Reuters) -The Italian economy stagnated in the fourth quarter of last year from the previous three months, preliminary data showed on Thursday, missing a forecast for marginal growth and casting a shadow over prospects for […]
Hogan Lovells Hires Five Top White & Case Corporate & Finance Partners in Italy #ItalyFinance
Financial Insights That Matter Hogan Lovells has taken a prominent five-partner corporate & finance team from White & Case in Milan. The firm has hired Ferigo Foscari, Iacopo Canino, Alessandro Seganfreddo, Piero de Mattia, plus Bianca Caruso, who was a local partner at White & Case, and is now a partner at Hogan Lovells. Boost […]
Factbox-Italy’s privacy watchdog taking on big tech #ItalyFinance
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 29, 2025 ROME (Reuters) – Italy’s data protection authority has called on the Chinese artificial intelligence (AI) model DeepSeek to provide answers on its use of personal data. The agency, also known as the Garante, frequently takes initiatives – such as […]
Explainer-Why Italy’s PM Meloni got caught up in Libyan war crimes case #ItalyFinance
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 29, 2025 By Crispian Balmer ROME (Reuters) – Italian Prime Minister Giorgia Meloni has been placed under investigation over a government decision to release a Libyan police officer wanted by the International Criminal Court (ICC). Here is the background to the […]
Italy seizes $48.4 million from FedEx’s unit over alleged tax fraud #ItalyFinance
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 29, 2025 MILAN (Reuters) – Italian tax police have seized 46.6 million euros ($48.4 million) from FedEx’s local unit, FedEx Express Italy srl, following an investigation into alleged tax fraud linked to illicit labour supply, prosecutors’ documents showed on Wednesday. In […]
Italy business and consumer morale pick up in January #ItalyFinance
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 29, 2025 ROME (Reuters) – Morale among Italian businesses and consumers improved unexpectedly in January, data showed on Wednesday, brightening prospects for the euro zone’s third largest economy which has stalled in recent months. National statistics institute ISTAT’s composite business morale […]
FTI Consulting Strengthens Business Transformation Capabilities in Italy with Addition of Senior Managing Director #ItalyFinance
Financial Insights That Matter FTI Consulting, Inc. MILAN, Jan. 29, 2025 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Giuseppe Farinacci as a Senior Managing Director in the firm’s Business Transformation practice. Mr. Farinacci, who is based in Milan, will provide strategic advice to corporations and investors on financial and […]
Italy’s Meloni under investigation over release of Libyan suspect #ItalyFinance
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 28, 2025 ROME (Reuters) – Italian Prime Minister Giorgia Meloni said on Tuesday she had been placed under judicial investigation over her country’s surprise release of a Libyan police officer wanted by the International Criminal Court. In a video message on […]
Italy regulator seeks info from DeepSeek on data protection #ItalyFinance
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 28, 2025 ROME (Reuters) -Italy’s data protection authority said on Tuesday it was seeking answers from Chinese artificial intelligence (AI) model DeepSeek on its use of personal data. The Italian regulator, which is also known as the Garante, said it wanted […]
Italian bank Mediobanca rejects takeover bid by domestic rival Monte dei Paschi #ItalyFinance
Financial Insights That Matter MILAN (AP) — Italian bank Mediobanca on Tuesday rejected a surprise takeover attempt by domestic rival Monte dei Paschi di Siena. Mediobanca said in a statement that the offer “is devoid of industrial and financial rationale.” Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last […]