Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 31, 2025 (Reuters) -French-Italian computer chip maker STMicroelectronics is considering cuts of up to 6% of its workforce or 3,000 workers in its French and Italian plants as part of a restructuring program, Bloomberg News reported on Friday, citing anonymous sources. […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 30, 2025 MILAN (Reuters) – Italy’s data protection authority said on Thursday it had blocked Chinese artificial intelligence model DeepSeek over a lack of information on its use of personal data. The authority, known as Garante, said in a note on […]
Financial Insights That Matter Ever since UniCredit SpA Chief Executive Officer Andrea Orcel unleashed a furor in late 2024 by signaling his interest in German lender Commerzbank AG, a flurry of deals and offers has convulsed the world of Italian finance. Amid all those bids, wars of words between parties, pushback from unions and politicians […]
Financial Insights That Matter Hogan Lovells has taken a prominent five-lawyer corporate & finance team from White & Case in Milan. The firm has hired partners Ferigo Foscari, Iacopo Canino, Alessandro Seganfreddo, Piero de Mattia. Bianca Caruso was a local partner at White & Case and is now a partner at Hogan Lovells. Boost Your […]
Financial Insights That Matter Italian football finance expert Marco Bellinazzo believes that Oaktree Capital would want more than €2-3 billion to sell Inter Milan. Speaking to Italian outlet Radio Nerazzurra, via FCInterNews, the Il Sole 24 Ore journalist explained the North American owners’ ambitious strategy. Oaktree Capital took over Inter in May of last year. […]
Financial Insights That Matter In Italy, the political telenovela regarding taxes on capital gains from the sale of crypto-assets continues. Initially, the government had proposed to raise them in one go from 26% to 42%, but later reconsidered after numerous protests from various quarters. However, the second version of the text of the law still […]
Financial Insights That Matter grenke AG and INTESA SANPAOLO S.p.A. (ISP), Italy’s largest bank, have announced a strategic partnership to serve the Italian market for operating leases. Under the agreement, by mid-2025 Intesa Sanpaolo Rent ForYou S.p.A. (RFY), a subsidiary of ISP, will be contributed in full to grenke Locazione S.r.L., grenke’s Italian subsidiary. In […]
Financial Insights That Matter Italian football finance expert Marco Bellinazzo believes that Oaktree Capital would want more than €2-3 billion to sell Inter Milan. Speaking to Italian outlet Radio Nerazzurra, via FCinterNewsthe Il Sole 24 Ore journalist explained the North American owners’ ambitious strategy. Oaktree Capital took over Inter in May of last year. The […]
Financial Insights That Matter Hogan Lovells has taken a prominent five-lawyer corporate & finance team from White & Case in Milan. The firm has hired partners Ferigo Foscari, Iacopo Canino, Alessandro Seganfreddo, Piero de Mattia. Bianca Caruso was a local partner at White & Case and is now a partner at Hogan Lovells. Boost Your […]
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 […]