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Italy s Monte Dei Paschi shares slump as judge demands new probe

MILAN -Shares in the Italian bank Monte dei Paschi di Siena fell as much as 10% on Wednesday, after a judge asked Milan prosecutors to investigate alleged fraud in. -May 29, 2024 at 10:12 am EDT - MarketScreener

Intesa books 66 million euros impairment on Intrum venture

MILAN -Intesa Sanpaolo has booked an impairment on its joint venture with Sweden s Intrum, Europe s biggest debt collector, in a move that highlights the challenges facing the bad loan recovery. -March 28, 2024 at 04:02 am EDT - MarketScreener

Italian bank Intesa raises profit target after beating forecasts

By Valentina Za MILAN (Reuters) -Intesa Sanpaolo, Italy's biggest bank, raised its 2023 profit goal on Friday after first-quarter net income nearly do.

Italy To Hold Cabinet Meeting In Migrant Shipwreck Area

MILAN, March 4 (Reuters) – Italy’s government will hold a cabinet meeting near the southern seaside town where dozens of bodies washed ashore after a migrant ship broke up on rocks last month, Prime.

Intesa awaits clarity on economic outlook after profit tops forecast

By Valentina Za MILAN -Italy's biggest bank Intesa Sanpaolo's on Friday reported forecast-beating second quarter profit thanks to higher interest rates,

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