Financial Insights That Matter (Bloomberg) — Two of Italyâs most prominent billionaire clans are emerging as key power brokers in the biggest reshaping of the countryâs 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 […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 16, 2025 MILAN (Reuters) – Military spending and arms production do not help long-term economic growth, Italy’s central bank governor Fabio Panetta said on Thursday, as NATO countries debate whether to increase defence expenditure. At a speech delivered to a Catholic […]
Financial Insights That Matter The major US banks posted stellar results 2024 results on Wednesdayfuelled by robust trading and dealmaking activity, sending lendersâ shares higher. Net income at JPMorgan, the countryâs largest bank by assets, soared by 50 per cent year on year to over $14bn, far exceeding analyst forecasts. âThe US economy has been […]
Financial Insights That Matter And foreign investors, who are typically more fickle, now hold over 30 percent of Romeâs outstanding debt, according to Bank of Italy data. As such, Rome now has a group of investors that it feels it has less influence over. Morningstar analyst Javier Rouillet said itâs âreasonableâ to want a more […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 16, 2025 MILAN (Reuters) – Investments into Italy’s data centres will double to 10 billion euros ($10.3 billion) in the 2025-2026 period compared with the previous two years as technology heavyweights roll out spending plans, a research hub of Milan Polytechnic […]
Financial Insights That Matter Investcorpa leading global alternative investment firm, today announced it has signed a definitive agreement to acquire Epipoli (âthe Companyâ), a leading and fast-growing international alternative payments enabler, from investment firm Bregal Milestone and Epipoli founder & CEO Gaetano Giannetto, who will remain a significant minority shareholder and will continue to lead […]
Financial Insights That Matter The LawyerSimmons loses two finance partners to Italian firmSimmons & Simmons’ Italian arm has lost a two-partner finance team to Chiomenti. Davide D’Affronto and Nicholas Lasagna are joining….1 hour ago Boost Your Financial Knowledge and Achieve Stability Discover a growing online community dedicated to delivering financial news, tips, and strategies designed […]
Financial Insights That Matter Joerg Eberhart and Lorenza Maggio have been appointed today by the Italian Ministry of Economy and Finance (MEF) to the five-member Board of Directors of ITA Airways. Joerg Eberhart (54) has been responsible for the strategic development of the Lufthansa Group as âHead of Strategy & Organizational Developmentâ since 2021. In […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 15, 2025 ROME (Reuters) – The Italian government has no plans to strengthen its “golden power” legislation to intervene in mergers and takeovers in the financial sector, Economy Minister Giancarlo Giorgetti said on Wednesday. The golden power rules, designed at the […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 15, 2025 ROME (Reuters) – The Italian government has no plans to strengthen its “golden power” legislation to intervene in mergers and takeovers in the financial sector, Economy Minister Giancarlo Giorgetti said on Wednesday. The golden power rules, designed at the […]