Italy’s government started to support the recovery of the economy by easing the tax burden for companies, as well as the creation of a special body that will seek new opportunities for budget cuts, said Italian Economy Minister Fabrizio Saccomanni in an interview to The Wall Street Journal . Read more »
Last Added News and Articles
Intesa Sanpaolo reported that the international rating agency Moody’s confirmed the long-term bank’s credit rating “Baa2″ and the short term rating of “P-2″. In addition, the agency has downgraded the bank financial strength rating (BFSR) to «D +» c «C». The rating outlook remains negative. Read more »
Italy’s public debt reached in June 2013 to a record $ 2.075 trillion euros, according to the Italian Central Bank.
Thus, according to the data given in the statistical bulletin of the Bank of Italy, the growth of state debt has slowed significantly in June and compared to May amounted to only 600 million euros. Read more »
Intesa Sanpaolo developing its Asset Management through a single point of Asset Management service delivery in Eastern Europe.
All Wealth Management operation of banking group in the region will be consolidated in the new structure. Read more »
The Bank of Italy has approved a 3.9 billion euro in loans to support the world’s oldest bank Monte dei Paschi di Siena. This decision has caused controversy in the community. Read more »
Last Added Banks:
CheBanca is an Italian bank, headquartered in Milan. It was founded in 2008 as a retail bank of Mediobanca Group. Read more »
Banca UniCredit SpA (up to May 2008 Italian Unicredit SpA ) is among the major banking groups in Europe and the world. It has registered office in Rome and administrative headquarters in Milan. Read more »
Mediobanca is an Italian credit institution founded in 1946 on the initiative of Raffaele Mattioli and Enrico Cuccia (who was the General Manager from its foundation to 1982). Today, it operates in international markets with offices in Paris, Madrid, Frankfurt, London, Moscow and New York. Read more »
Banca Monte dei Paschi di Siena (MPS), founded in 1472 as a pawn to give help to the needy classes of the population of the city of Siena, considered as the longest running bank in the world. Read more »
Credito Emiliano SpA (Credem Bank) is a financial institution based in Reggio Emilia, was founded in 1910 under the name of Banca Agricola Commerciale of Reggio Emilia. The current name was adopted in 1983, after the acquisition of the Milan Bank Belinzaghi. Read more »
The Banco Popolare is a group of co-operative banks, largest in Italy, characterized by a strong local roots, with 18,917 employees, more than 3 million customers and 2,000 branches. Read more »
Veneto Banca is an Italian bank, based in Montebelluna, in the province of Treviso.
It was founded in 1877 under the name of Banca Popolare di Montebelluna. Read more »
Banca Sella is an Italian private bank, owned by the family which holds the control of the Sella Group, one of the largest banking groups in Piedmont. Read more »