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Gianluca Semeraro

Intesa to sell up to 5 billion euros in UTP loans to Prelios: sources

May 22 2019

MILAN Intesa Sanpaolo will offload only up to 50 percent of a 10 billion euro ($11 billion) portfolio of so-called "unlikely-to-pay" (UTP) loans whose sale it is negotiating with Prelios, three sources familiar with the matter said.

UPDATE 1-Mediobanca eyes Julius Baer's Kairos in asset management drive

May 09 2019

MILAN, May 9 Mediobanca is looking at Julius Baer's Italian asset manager Kairos as part of plans to expand its wealth management business, the bank's CEO said on Thursday.

Italian bank fund could take Carige stake in BlackRock rescue: Intesa CEO

Apr 30 2019

TURIN, Italy A rescue plan for Italy's Carige by U.S. asset manager BlackRock would allow a fund financed by Italian lenders to take part in a cash call at the Genoa-based bank, the chief executive of Intesa Sanpaolo said on Tuesday.

Italy's UniCredit says it is among banks accused of running bond cartel

Apr 11 2019

MILAN Italy's biggest lender UniCredit said it is among a group of banks accused of running a cartel in trading euro zone government bonds between 2007 and 2012, years when financial crises dragged down banks and several European countries.

Italy's UniCredit says among banks accused of running bond cartel

Apr 11 2019

MILAN, April 11 Italy's biggest lender UniCredit said it is among a group of banks accused of running a cartel in trading euro zone government bonds between 2007 and 2012, years when financial crises dragged down banks and several European countries.

Unicredit könnte bei Frankfurter Bankenehe dazwischenfunken

Apr 04 2019

- von Andreas Framke und John O'Donnell und Gianluca Semeraro

UPDATE 1-BlackRock, Varde set to submit bids for Italy's Carige -sources

Mar 25 2019

MILAN, March 25 U.S. funds Varde Partners and BlackRock plan to submit rival bids for troubled Italian lender Banca Carige by mid-April, three sources close to the matter said on Monday.

Italy's Generali to turn to Europe, Asia and U.S. for growth

Mar 14 2019

MILAN Italy's top insurer Generali said it was ready to look around for growth opportunities in Europe, Asia and the U.S. on Thursday and said it was well positioned to achieve the targets it set in November for the years until 2021.

Bad loan manager Fire to boost assets as it considers IPO: CEO

Feb 18 2019

MILAN Italian bad loan investor Fire is looking to add 1 billion euros ($1.1 billion) in assets under management this year as it works towards an eventual stock market listing, its chief executive said.

UPDATE 1-Italy's Nexi to pick 13 banks for Milan listing - sources

Feb 01 2019

MILAN, Feb 1 Italian banking service provider Nexi will hire 13 banks to run what could be Italy's biggest initial public offering in three years, sources with knowledge of the plan said.

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