Veneto Banca

11 results

  ECB headquarters in Frankfurt, Germany. Looking back at the government’s decision to guarantee the Irish banks  10 years ago,  with no help forthcoming from the ECB, taoiseach Brian Cowen was left with no good options

One of the great failures exposed by the 2008 financial crisis was that the tools were not available at either a national or European level to the pol(...)

Attestor, founded in 2011, focuses on investing in European businesses that are growing or in need of restructuring. Photograph: Akos Stiller/Bloomberg

British investment firm Attestor Capital, which is a 20 per cent shareholder in Irish lender Dilosk, is close to sealing a deal to buy a covered bonds(...)

Intesa Sanpaolo, Italy’s best-capitalised large bank, said last week it was open to purchasing the rump of the good assets

Intesa Sanpaolo said on Monday its planned acquisition of the good assets of Banca Popolare di Vicenza and Veneto Banca could lead to the closure of a(...)

Marco Morelli: the  Banca Monte dei Paschi di Siena chief executive will see a large drop in his pay.  Photograph:       Bloomberg

The European Commission and Italy have agreed on a rescue of Italian bank Monte dei Paschi di Siena, outlining a draft plan that involves significant (...)

European stocks fell as turbulence in oil markets undermined risk appetite

European stocks fell as turbulence in oil markets, and the prospect of tough talks at a meeting of G7 leaders met in Italy, undermined risk appetite. (...)

Old and new: a horse-drawn carriage passes a branch of Banca Monte dei Paschi di Siena in Rome. Italy’s government is set to rescue the world’s oldest lender. Photograph: Alessia Pierdomenico/Bloomberg

So is the ever-worsening Monte dei Paschi (MPS) di Siena crisis just a blip in the system or is “Italy about to destroy [the] eurozone” as British tab(...)

A Banca Monte dei Paschi di Siena branch: the bank could struggle to recapitalise

Bankers were scrambling on Monday to secure a €5 billion recapitalisation of Monte dei Paschi di Siena (MPS), the world’s oldest lender, after prime m(...)

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(...)

Italian prime minister Matteo Renzi is mired in a developing domestic banking crisis.

In October 2008, in the days after the UK government took over Royal Bank of Scotland, a group of senior managers at Banca Monte dei Paschi stood in t(...)

Dublin heavyweight CRH fell almost 0.9 per cent

UK and European stocks fell, bringing a halt to their longest advance in almost seven weeks. Poor performances by banks damaged markets across Europe(...)

  • 1
  • 2
  • Next
  • Last »