Financial Insights That Matter (Bloomberg) — Italy is preparing to start a formal review of UniCredit SpA’s unsolicited offer for Banco BPM SpA, people familiar with the matter said, a process under the government’s “Golden Power” rules that may impose conditions should a deal be approved. Most Read from Bloomberg Prime Minister Giorgia Meloni’s government […]
Financial Insights That Matter (Bloomberg) — The Italian government is growing concerned about the prospect of an increased French presence in its finance industry, with two major deals in the works that could potentially reshape the market. Most Read from Bloomberg Officials in Rome are looking at steps they could take to maintain Italian influence […]
Financial Insights That Matter Posted By Reuters Posted on January 11, 2025 MILAN (Reuters) – Italian digital bank illimity said on Friday a buyout offer launched this week by rival specialty lender Banca Ifis had come as a surprise, and would not alter its existing plans. “It should be noted that the offer has not […]
Financial Insights That Matter The trend inflation of Oecd countries, in November 2024, remained stable at 4.5%. The Oecd itself reports that in Italy, in the same month, the trend of inflation rose to 1.3% from 0.9% in October. Overall, inflation is rising in 14 of the 38 Oecd countries, including a substantial rise of […]
Financial Insights That Matter Posted By Reuters Posted on January 10, 2025 MILAN (Reuters) – Italy would have full control of its data under any potential deal struck with Elon Musk’s Starlink for secure satellite communications, an Italian representative for the billionaire’s aerospace businesses said. Rome is considering the use of Musk’s telecommunications systems to […]
Financial Insights That Matter Titanbay, an innovator in private markets infrastructure, has expanded into Italy, solidifying its presence in one of Europe’s most dynamic wealth management markets. The move is a key milestone in the company’s broader European growth strategy, underpinned by increasing demand for private market investment solutions. Italy’s wealth management sector, with its […]
Financial Insights That Matter Home to more than 60 million people, Italy is the third‐most populous state in the European Union. Renowned for its rich cultural heritage, the country is celebrated worldwide for its excellent art, fashion and cuisine. When World War II ended, a defeated Italy saw its economy suffer. But in recent decades, […]
Financial Insights That Matter Posted By Reuters Posted on January 10, 2025 By Angelo Amante ROME (Reuters) -Italian Prime Minister Giorgia Meloni defended Elon Musk’s growing involvement in politics on Thursday and said she had never discussed with him a potential deal to supply secure communications to Italy. The right-wing leader dismissed concerns about political […]
Financial Insights That Matter British Foreign Secretary David Lammy refused to condemn the Greenland ambitions of US President-elect Donald Trump on Thursday (Jan 9), saying it is not going to happen. Lammy said he is “not in the business” of condemning the UK’s closest ally. “I’m in the business of interpreting what sits behind this, […]
Financial Insights That Matter ROME (AP) — Italy’s Premier Giorgia Meloni said Thursday that her government is in talks with several private companies, including Elon Musk’s SpaceX, over the country’s telecoms security system, but denied having discussed the issue privately with Musk. “I never talked about this with Musk. It’s not my habit to use […]