Financial Insights That Matter What’s going on here? Italy is making calculated financial moves, gearing up for large bond salesevaluating takeover bids, and eyeing green investments. What does this mean? The Italian Treasury’s plan to auction up to 9 billion euros in bonds on January 30 demonstrates a proactive stance in managing debt and funding […]
Financial Insights That Matter (Repeats Jan. 24 story with no changes to text) MPS shares more than tripled from 2 euros in late 2022 Govt supportive, looks with concern at Generali-Natixis MPS CEO focused on industrial reasons for deal Mediobanca an option since 2022, but conditions not right By Valentina Za, Gianluca Semeraro and Mathieu […]
Financial Insights That Matter MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is currently under way. BATTLES IN GENERALI AND MEDIOBANCA Caltagirone last year expanded his investments in Italy’s financial sector and is now a key shareholder in bailed-out bank Monte dei […]
Financial Insights That Matter When Italian financial power broker Mediobanca helped its longtime client Monte dei Paschi di Siena structure a make-or-break capital raising in 2022, little did it know it would ultimately become a takeover target for the former poster child of the country’s failed banking system. On Friday, MPS astonished investors by launching […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 26, 2025 MILAN (Reuters) – Italy has signed cooperation and industrial agreements worth around $10 billion with Saudi Arabia as part of a strengthened strategic partnership between the two countries, Italian Prime Minister Giorgia Meloni said on Sunday. Meloni met Saudi […]
Financial Insights That Matter Italian bank Monte dei Paschi di Siena said Friday that it was launching a bid for its larger rival Mediobanca, a potential 13.3 billion euro ($13.9 billion) deal that could help reshape the country’s banking sector. The move — which a source close to Mediobanca said was hostile — comes amid […]
Financial Insights That Matter Ktenitaly’s Monte dei Paschi Bids 13.3 BN EUROS FOR MEDIABANCAITALIA BANK MONTE DEI PASCHI OF SIEN SAID FRIDAY THAT IT WAS LAIUR A BID FOR ITS LARGER RIVAL MEDIABANCA, A POTHITIAL 13.3 Billion …. 1 day ago Boost Your Financial Knowledge and Achieve Stability Discover a growing online community dedicated to […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 25, 2025 MILAN (Reuters) -Military production does 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 organisation in Bologna, Panetta […]
Financial Insights That Matter (Bloomberg) — The last time Banca Monte dei Paschi di Siena SpA bought another lender, it ended in tears. That’s why much of Italy was shocked to wake up to an announcement on Friday that the world’s oldest bank — which is still subject to a government bailout — wants to […]
Financial Insights That Matter Italy’s Finance Minister Giancarlo Giorgetti, left, and Greece’s Finance Minister Kostis Hatzidakis speak as they open a gift bag during a round table meeting of EU finance ministers at the European Council building in Brussels, Tuesday, Jan. 21, 2025. Boost Your Financial Knowledge and Achieve Stability Discover a growing online community […]