Carige

6 results

The Iseq index of Irish shares edged 0.5%  higher to 5,680.57, with cardboard box-maker Smurfit Kappa standing out as the main gainer as it pushed 6.3%  ahead to €24.58

European shares advanced on Tuesday on mounting speculation that the US and China will be able to reach a trade deal which would ease worries over the(...)

A branch of Italian bank Carige Italia in Rome. Photograph: Alberto Pizzoli/AFP/Getty Images

The European Central Bank appointed three temporary administrators on Wednesday to take charge of Italy’s Carige bank in an effort to save the struggl(...)

Carige is facing a management crisis after its chairman, deputy chairman and two board members resigned. Photograph: Stefano Rellandini/EPA

The European Central Bank has asked Banca Carige to submit a plan to meet minimum capital thresholds and would give the lender more time to do so if i(...)

Italian prime minister Matteo Renzi addresses  an event at an FCA plant in Cassino, southern Italy. Photograph: Reuters/Tony Gentile

Up to eight of Italy’s troubled banks risk failing if prime minister Matteo Renzi loses a constitutional referendum next weekend and ensuing market t(...)

epa04465101 Customers use an ATM outside of a branch of Lloyds Bank in London, 26 October 2014. Europe’s banking authorities published the results on 26 October 2014 of a detailed stress test, showing the overall health of bank balance sheets and the ability of the main financial institutions to withstand economic turbulence. The institutions being tested include Germany’s Deutsche Bank and Commerzbank, French lenders BNP Paribas and Societe Generale, British banks Royal Bank of Scotland, HSBC, Lloyds Banking Group and Barclays, and Italy’s Monte dei Paschi di Siena, among others. None of the British banks failed the test, but Lloyds passed narrowly. EPA/HANNAH MCKAY

Italy’s Treasury has not ruled out extending repayment deadlines on hundreds of millions of euros in state aid to help troubled lender Banca Monte dei(...)

Silvio Berlusconi: analysts will be watching the country that, three years ago, nearly single-handedly sank the euro under the media tycoon’s stewardship. Photograph: Franco Origlia/Getty

  The Italian government yesterday reacted calmly to the results of the European Central Bank’s stress tests, identifying Italy as the cou(...)