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  • November 27, 2014
  • Last updated: 9:31pm
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Results 1 - 8 of 8 for italy

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  1. Business - Banking & Finance - BANKING

    Italy fares worst as 25 major euro zone banks fail ECB health test

    Posted Oct 27th 2014, 05:19am by Reuters

    ... Reuters in Frankfurt Analysts warn that capital shortfall fixes won't guarantee more bank lending to boost economy Italy fares worst as 25 banks fail ECB health test Twenty-five ... yesterday. A dozen of those banks have already addressed the gap by raising €15 billion over the course of this year. Italy's financial sector faces the biggest challenge with nine of its banks ...

  2. News - World - BANKING

    French rogue trader Jerome Kerviel begins serving prison sentence

    Posted May 19th 2014, 09:59pm by AFP

    ... of high drama in which he had threatened to stay in Italy in a bid to get President Francois Hollande to intervene in his case, Kerviel, 37, surrendered to French police at midnight after crossing ... with the order, having said at the weekend he would stay in Italy until he got a response to his request for President Francois Hollande to intervene in the case. Kerviel said he would not seek ...

  3. Business - Banking & Finance - BANKING

    ICBC mulls bid for Pioneer to extend global reach in asset management

    Posted Apr 03rd 2014, 05:16am by Reuters

    ... Reuters Chinese banks' global ambitions come as Euro lenders retreat from asset management business ICBC mulls bid for Pioneer Investments Industrial and Commercial Bank of China is considering a bid for Pioneer Investments, one of Europe's biggest money managers, according to a person familiar with the matter. Pioneer, owned by Italy's biggest bank by assets, ...

  4. Business - Banking & Finance - BANKING

    Why China cannot have a 'Lehman moment'

    Posted Feb 24th 2014, 09:36am by Derek Scissors

    ... used seriously, stop paying attention. China cannot have a Lehman moment. Its financial system does not work the way America's (or Japan's or Italy's) does. In fact, ...

  5. Business - Banking & Finance - BANKING

    Major banks convicted in Milan fraud case

    Posted Dec 20th 2012, 12:00am by BLOOM

    ... (HK$926 million) of assets be seized from the banks and that the firms pay sanctions of €1 million each. He also convicted nine bankers of fraud. The trial, the first of its kind in Italy ... for trying to rig global interest rates. In Italy, opaque derivatives fashioned by securities firms are costing taxpayers more than €1.3 billion, according to June data from the central bank. ...

  6. Business - Banking & Finance - BANKING

    European lenders renege on vow to slash assets

    Posted Sep 19th 2012, 12:00am by Bloomberg

    ... Bank. BNP Paribas, Banco Santander, and UniCredit, the biggest banks in France, Spain and Italy, all expanded their balance sheets in the 12 months to the end of June. They have Mario Draghi ... central-bank aid. "Deleveraging isn't taking place, especially in Spain and Italy," said Simon Maughan, a bank analyst at Olivetree Securities. "The fact that we haven't got ...

  7. Business - Banking & Finance - BANKING

    Veteran Hong Kong broker Tony Espina to take charge of Kazakhstan lender

    Posted Apr 17th 2013, 12:00am by Enoch Yiu

    ... relationship between Kazakhstan and Hong Kong," Espina told the South China Morning Post. Italy's biggest bank UniCredit last month announced it would sell its entire stake in ATF to a Kazakh ... in 2007, is among many European lenders selling their non-core businesses. Italy and Kazakhstan central banks have approved the transaction and Espina, who handled the sale acquisition for the new ...

  8. Business - Banking & Finance - BANKING

    ABN Amro plans big Asia push

    Posted Sep 24th 2012, 12:00am by Enoch Yiu

    ... operations; Banco Santander to take over its business in Brazil and Italy; and RBS to take up its wholesale banking operation and Asian business. The deal was completed in November 2007 but several ...



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