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Banca Popolare di Milano Scarl

  • review@ MILAN, Feb 20- Italian banks, burdened by 156 billion euros in gross bad debts and twice that amount in doubtful loans, are under the spotlight in an asset review of euro zone lenders conducted by the European Central Bank this year. The ECB review targets the top 15 among Italy's 690 banks.

  • Experts say banks face write-downs of 20- 25 bln euros. By Valentina Za and Silvia Aloisi. MILAN, Feb 20- A drive by Italian banks to come clean on bad loans during a European bank health check may force them to raise as much as 20 billion euros in capital, three times more than that pencilled in so far, to shore up their balance sheets.

  • MILAN, Feb 20- Italian banks, burdened by 156 billion euros in gross bad debts and twice that amount in doubtful loans, are under the spotlight in an asset review of euro zone lenders conducted by the European Central Bank this year. The ECB review targets the top 15 among Italy's 690 banks.

  • *Experts say banks face write-downs of 20- 25 bln euros. MILAN, Feb 20- A drive by Italian banks to come clean on bad loans during a European bank health check may force them to raise as much as 20 billion euros in capital, three times more than that pencilled in so far, to shore up their balance sheets.

  • VIENNA, Jan 9- Austria's Raiffeisen Bank International has kicked off a year of capital raising by European banks keen to convince regulators and investors that they are robust enough to weather any more financial storms.

  • Bank bond investors should fear fast-tracked EU bail-in Thursday, 12 Dec 2013 | 12:19 PM ET

    *Market pricing in less than 15 pct risk of senior bail-in. *Contagion effects hugely underestimated- analysts. LONDON, Dec 12- European Union plans to force bond investors take their share of losses in failing banks by 2016 could risk undermining appetite for bank debt and make it more difficult for weaker lenders to fund themselves, credit market experts said.

  • 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.

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