Bank of Italy has placed Banca Progetto, a small privately held lender owned by investment firm Oaktree Capital Management, under special administration and appointed independent administrators to run ...

The Bank of Italy has started a special administration procedure for Oaktree Capital Management LP’s Banca Progetto SpA and appointed independent managers to run its operations.

Italy’s Ignazio Messina is planning fleet renewal with newbuildings after agreeing a financing deal worth up to $50m.

In preparation for the game against Germany in the first leg of the UEFA Nations League quarter-finals on Thursday 20 March ...

The state of health of European banks It remains good, with results generally growing in 2024, even if there are ...

Last month, IGD - Immobiliare Grande Distribuzione S.p.A. finalised a secured financing transaction for an amount of €615 million with a pool of leading national and international banks and financial ...

UniCredit Chief Executive Andrea Orcel in late November swooped on BPM, which has long been a natural takeover target for the ...

Italy's Banca Popolare di Sondrio on Wednesday vowed to double payouts to investors through 2027 and set ambitious profit goals as it strives to fend off a takeover offer from bigger rival BPER Banca.

MILAN (Reuters) -Banca Popolare di Sondrio on Wednesday set ambitious goals for profits and shareholder rewards through 2027, ...

The Italian bank plans to double its dividend payments to 2027 and set an annual 85% payout ratio, up from 63% in 2024.

The Valtellina bank responds with a new industrial plan to the takeover bid launched by Bper: between 2025 and 2027 the target is 1,8 billion in cumulative profit and 1,5 billion in dividends, ...

The possibility of a ceasefire in Ukraine and the resumption of military support by the US seem to have reassured investors' sentiments, who however are still suspicious of Trump's swings on tariffs ...