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The troubled Italian bank had no problem getting away a subordinated debt issue. The promise of yet more state aid will have helped......»»

Former Carige CEO Guido Bastianini is the frontrunner to become the new head of lender Monte dei Paschi di Siena as the nomination process at key state-controlled companies comes to an end, two government sources told Reuters on Friday......»»

The U.S. State Department, Treasury, and Department of Homeland Security Issues, along with the FBI, issued an advisory on Wednesday about North Korean cyber threats that called particular attention to banking and finance......»»

Covid-19 Comes For Europe Authored by Guy Milliere via The Gatestone Institute, Italy's healthcare system is in a state of almost total collapse. As of today, 31,506 people in Italy have been infected with t.....»»

Weaknesses in the Italian banking system could turn a coronavirus recession into something much worse......»»

The collapse of a highway bridge in the northern Italian coastal region of Liguria in November and of one in nearby Genoa last year appear to have very different causes. But they raise similar questions, not only about the state of Italy’s infr.....»»

An Italian court on Friday convicted 13 former bankers from Deutsche Bank, Nomura and Monte dei Paschi di Siena over derivative transactions that prosecutors say helped the world's oldest bank conceal massive losses......»»

Mish: Pondering The Collapse Of The Entire Shadow Banking System.....»»

Authored by Matthew Ehret via The Strategic Culture Foundation, With the recent discussion of the collapse of the western system of banking (and.....»»

An Italian court on Tuesday acquitted Monte dei Paschi di Siena's former finance chief Gianluca Baldassari and 11 others of charges related to an alleged fraud scheme at the bank......»»

Shut out of the traditional banking system by federal laws, the country's largest legal marijuana market in California could benefit if the state approves a measure creating a special class of banks to handle pot money......»»

U.S. federal and state regulators including the Justice Department and the Treasury Department fined Italian banking giant UniCredit $1.3 billion for violating U.S. sanctions programs, including t.....»»

Authored by Alasdair Macleod via GoldMoney.com, Despite the ECB’s subsidy of the Eurozone’s banking system, it remains in a sleepwalking state similar to t.....»»

A market collapse could spell disaster for the state pension system Virginia’s pension fund is incap.....»»

While bad loans in the Italian banking system have received a ton of attention from investors who fear that the Italians could inadvertently blow up the European banking union, it's not the only financ.....»»

After a  fifth straight month of contraction in the shadow banking system... ...and the amid the ongoing collapse of its currency, a deluge of major Chinese m.....»»

Nicola Marfisi/AP The death toll in the Genoa, Italy bridge collapse rose to 42 on Saturday, as four more bodies were found.  A state funeral was held .....»»

Italian state lender Cassa Depositi e Prestiti (CDP) may buy a controlling stake in Autostrade per l'Italia in the wake of the collapse last week of a bridge the motorway operator managed, two sources told Reuters on Tuesday......»»

New York State Teachers’ Retirement System sold all the PG&E stock it owned in the fourth quarter, a period that saw the stock cut in half......»»

UBS Group AG has upgraded China's stock market to Overweight, citing resilient earnings and state fund interventions. Other Asian markets downgraded. read more.....»»