12/14/2016
Bank, which has lost half its value this year, will launch Italy’s largest share issue and use the cash to remove bad debts
12/13/2016
However, its chances of success are slim and the state is likely to have to step in to make up for the shortfall, bankers say.
12/13/2016
In a statement today, Lloyds said the government has reduced its stake in the bank by about 1 percentage point to 6.93%, or to about 4.9 bln shares, down from 5.7 bln previously.
12/02/2016
Italy’s Mediobanca is adapting its approach and preparing for European expansion, following a hiring spree in its corporate finance division, writes&