Italian bank says rogue branch worker conducted data breach involving PM and other public figures
Rome-based regulator says clients should be able to choose whether their accounts are moved
Alarm over levy and poor communication from Prime Minister Giorgia Meloni
A deterioration in the capital position of some banks may be an inevitability investors will have to live with
Financial sector pressured to cut exposure to carbon-intensive industries
Plus, a bluffers’ guide to crypto, supervising Open Banking rules, Ant Group secures new licence
A manager’s interest in viruses and a brush with an earthquake helped the Italian bank adapt to Covid-19
Mergers needed to compete with the US and China, says Carlo Messina
Intesa Sanpaolo says interest income and fees are recovering
Appointment seen as clear signal country’s largest bank will be forced to play role in sector consolidation
Chief executive expects profits to rise to €5bn in 2022 after integration of UBI Banca
Take-up of tender offer crosses 50% threshold after key shareholder group gives backing
Considering the alternative outcomes, UBI shareholders should begin to applaud
Italy’s largest lender adds cash to offer in push to win over smaller rival’s shareholders
Victor Massiah says he wants to be a buyer, not seller, in the consolidation of Italian banking
Bergamo-based lender says offer from Italy’s largest retail bank is too low and detrimental to shareholders
Italian regulators expected to approve takeover of smaller rival UBI
Preliminary verdict argues deal could undermine competition in some regions
Italian banks’ merger spat is resembling a scenario for an opera buffa
Italian lender has certain advantages but industry headwinds should not be underestimated
Regulators and investors should be sceptical of paper profits generated by high bids
HSBC, UBS, Intesa/UBI Banca, Odey, Franklin/Legg Mason, Morgan Stanley/ETrade and more
Big-name hedge funds take a hit as shares surge in target bank
Foreign investors must tread carefully when turning corporate debt into equity
Carlo Messina blames ECB and Brussels antitrust authorities for recent financial woes