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Banca Popolare di Milano Scarl

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  • European stocks boosted by telecoms, China stimulus Monday, 20 Apr 2015 | 11:54 AM ET

    *Telenet, KPN shares rise after Belgian deal. LONDON, April 20- European shares made a positive start to the week on Monday, thanks to deal-making in the telecoms sector and stimulus from China, though gains were not enough to entirely erase the losses from Friday's sharp sell-off. Volkswagen, the only German blue-chip stock to fall, was depressed after Scania order...

  • *Telenet, KPN rise after Belgian deal. LONDON, April 20- European shares got the week off to a positive start on Monday, thanks to deal-making in the telecoms sector and stimulus from China, though it was not enough to erase the losses from Friday's sharp sell-off. Telecoms stocks including Belgacom, Deutsche Telekom and Numericable were up 2 to 3 percent after...

  • LONDON, April 20- European shares edged higher early on Monday, led by the telecoms sector after Telenet's move to buy KPN's mobile telephony unit in Belgium. Belgium's Telenet, a subsidiary of cable company Liberty Global, rose 4 percent after agreeing to acquire KPN's BASE Company for 1.33 billion euros, sending shares in the Dutch firm up 2.4 percent.

  • *Italy govt has approved reform of "popolari" banks. MILAN, Feb 26- Italy's government is under pressure from banks and their allies in parliament to water down a landmark reform of large cooperative banks, which the lenders fear will make them prey to foreign rivals and speculative investors. Affected banks include UBI Banca, Banco Popolare and Banca Popolare di...

  • Greek deal optimism pushes European shares to 7-year high Wednesday, 18 Feb 2015 | 4:00 AM ET

    *Greek shares lead gains as Athens seen asking for loan extension. LONDON, Feb 18- Greek stocks helped push a key pan-European share index to a seven-year high on Wednesday on fresh optimism that Athens would reach an agreement with its international lenders. Shares in Italy and Spain, heavily indebted countries that are seen as coming under market pressure if...

  • LONDON/ PARIS, Jan 19- European shares hit a seven-year high on Monday as Italian banks rallied, boosted by the prospect of a significant corporate governance revamp, and Swiss shares clawed back some of last week's sharp losses. Broader market sentiment has been supported by expectations the European Central Bank will unveil plans to buy sovereign bonds at the...

  • Could Italy be facing a Spain-style EU handout? Monday, 3 Nov 2014 | 8:41 AM ET
    Banca Monte dei Paschi di Siena

    The woeful tale for some of Italy's largest banks continues, raising concerns the country could be in line for a Spanish-style bailout.

  • ECB cools speculation over bank health checks Wednesday, 22 Oct 2014 | 9:30 AM ET

    ECB cautions against speculation over the outcome of its stress tests after a report on failed health checks.

  • Earnings freight train may be derailed by revenue Tuesday, 8 Jul 2014 | 10:12 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Although hopes are high as the second quarter earnings roll out, revenue growth looms as a potential problem.

  • Europe shares close down with Syria again in focus Wednesday, 28 Aug 2013 | 9:56 AM ET

    European shares closed lower on Wednesday, as riskier assets were shunned by investors on concerns about a possible military strike on Syria.

  • European shares finished lower Monday, after comments from the head of the Eurogroup who said a Cyprus bailout deal could be a new template for resolving euro zone banking problems.

  • Europe Shares Close Higher on Global Market Optimism Thursday, 14 Mar 2013 | 12:58 PM ET

    European shares rose on Thursday, resuming the two-week rally that has propelled indexes to multi-year highs.

  • Bank of Italy: No Dividends From Loss-Making Banks Thursday, 14 Mar 2013 | 10:13 AM ET
    Banca D'Italia

    The Bank of Italy told Italian banks to further hike provisions they set aside against bad debts to take into account the worsening economic scenario and asked lenders which posted losses not to distribute dividends or bonuses.

  • European Shares Propped Up by Solid US Data Friday, 1 Feb 2013 | 12:22 PM ET

    European shares inched up on Friday, as investors took advantage of the past two sessions' losses to snap up equities more cheaply, reassured by a run of solid data from China, Europe and the United States.

  • Europe Shares Close Higher, Italy Bucks the Trend Monday, 10 Dec 2012 | 12:59 AM ET

    European shares closed higher on Monday, but Italian shares closed firmly in the red after political uncertainty surfaced, with Prime Minister Mario Monti announcing he will step down before his term ends.