Financial Insights That Matter What’s going on here? Francesco Gaetano Caltagirone, an Italian billionaire, is shaking up Italy’s financial scene with strategic investments and influence in key institutions, challenging the status quo. What does this mean? Caltagirone’s reach extends through Italy’s financial industry, holding significant stakes in Monte dei Paschi di Siena (MPS), Anima Holding, […]
Financial Insights That Matter Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Monte dei Paschi di Siena has launched a €13.3bn takeover offer for larger rival Mediobanca in a move that would shake up Italy’s banking sector. The all-share offer by the partially […]
Financial Insights That Matter Italian Deputy Prime Minister and Transport Minister Matteo Salvini has proposed a law to follow Donald Trump’s withdrawal from the World Health Organization (WHO). “I presented this morning at the Chamber of Deputies, the League’s bill to leave the WHO (World Health Organization), as did the United States with Donald Trump,” […]
Financial Insights That Matter ROME (Reuters) – Bailed-out lender Monte dei Paschi di Siena (MPS) launched on Friday a 13.3 billion euro ($13.9 billion) all-share buyout offer for Mediobanca, in the latest surprise twist of a complex Italian banking saga. The following table sets out the key shareholders in the financial groups involved. Data as […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 24, 2025 (Reuters) – Italian lender Banca Monte dei Paschi di Siena SpA is considering a potential deal for investment bank Mediobanca, Bloomberg News reported on Thursday, citing people with knowledge of the matter. Monte Paschi is considering a move to […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 23, 2025 ROME (Reuters) – Italy plans to make an early start on filling strategic gas stockpiles in 2025, the country’s energy minister said on Thursday, as Rome expects gas wholesale prices to spike higher in the summer. Gas is usually […]
Financial Insights That Matter ING ThinkItaly: Moderate growth in an uncertain environmentThe Italian economy is no longer outperforming the eurozone average. After outperforming in the post-Covid period, the Italian economy is….5 hours ago Boost Your Financial Knowledge and Achieve Stability Discover a growing online community dedicated to delivering financial news, tips, and strategies designed to […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 23, 2025 MILAN (Reuters) – Italy aims to finalise by the end of 2027 a plan allowing the use of nuclear power energy again after it was banned almost 40 years ago, Energy Minister Gilberto Pichetto Fratin said in an interview […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 23, 2025 (Reuters) – Italian regional utility Hera aims to invest 5.1 billion euros ($5.30 billion) over the coming four years to develop resilient industrial assets in the face of market volatility and extreme weather events, it said on Thursday. Roughly […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 22, 2025 By Giancarlo Navach and Cristina Carlevaro BRESCIA, Italy (Reuters) – Italy hosted a pioneering test of a self-driving vehicle designed for car sharing as part of a project carried out by utility A2A in the northern city of Brescia, […]