Financial Insights That Matter We have a lot of news to cover today, especially regarding Ripple and its XRP token! First, the Ripple team has been super generous with its donations in XRP to California fire victims, donating $100,000 in XRP through The Giving Block. Also, last week, Ripple and payment firm Moonpay made a […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 20, 2025 ROME (Reuters) – Italy’s ITA Airways said on Monday it would resume flights between Rome and Tel Aviv, starting Feb. 1, after a four-month suspension triggered by conflicts in the Middle Eastern region. Connections “will be gradually resumed, initially […]
Financial Insights That Matter (Bloomberg) — Assicurazioni Generali SpA agreed to buy control of New York-based credit investment firm MGG Investment Group as the Italian insurer looks to expand in the private asset business. Most Read from Bloomberg Generali’s asset management subsidiary Conning & Co. will acquire a 77% stake in MGG for $320 million, […]
Financial Insights That Matter ROME (Reuters) – Avincis, Europe’s largest provider of emergency air services, said on Monday it renewed its contract with Italy to operate the country’s fire planes, for 479 million euros ($494.42 million) over the next seven years. Under the deal, the group will operate 18 Canadairs, the largest fleet the world, […]
Financial Insights That Matter A Boeing 747 of Lufthansa taxis towards the boarding gate at Frankfurt Airport. Arne Dedert/dpa Germany’s Lufthansa announced on Friday that it has taken the first step towards a takeover of Italy’s state-owned ITA Airways by completing an approved capital increase of €325 million ($334 million). Lufthansa has thus secured 41% […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 17, 2025 FRANKFURT (Reuters) -Lufthansa finalised its acquisition of a 41% stake in Italian state-owned airline ITA after European antitrust remedies were put in place, it said on Friday, in a deal designed to boost the carrier’s presence in the lucrative […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 17, 2025 MILAN (Reuters) – An Italian judge has ordered Tourism Minister Daniela Santanche to stand trial on false accounting charges at a publishing group she used to own, judicial and legal sources said on Friday. Judge Anna Magelli, at the […]
Financial Insights That Matter FortuneBillionaire clans jostle for power in Italy’s reshaped banking sectorTwo of Italy’s most prominent billionaire clans are emerging as key power brokers in the biggest reshaping of the country’s banking industry….6 hours ago Boost Your Financial Knowledge and Achieve Stability Discover a growing online community dedicated to delivering financial news, tips, […]
Financial Insights That Matter Unsplash.com/Blake You know Epipoli owns the largest customer relationship management and loyalty programme in Italy, with over six million customers Bahrain’s Investcorp has finalised a deal to acquire Epipoli, an Italian alternative payments company. The asset will be purchased from London-headquartered private equity Bregal Milestone and Epipoli founder and CEO Gaetano […]
Financial Insights That Matter (Bloomberg) — Two of Italy’s most prominent billionaire clans are emerging as key power brokers in the biggest reshaping of the country’s banking industry for more than a decade. Most Read from Bloomberg The Del Vecchios, who control Ray-Ban maker EssilorLuxottica SA, and construction tycoon Francesco Gaetano Caltagirone have both built […]