Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
MILAN Monte dei Paschi di Siena reported a 3.1 billion euro ($3.7 billion) second-quarter loss after additional writedowns on the bad loans Italy's fourth biggest bank is selling as part of its bailout by the state.
MILAN UniCredit , Italy's largest bank, reported its biggest quarterly profit in almost a decade on Thursday, outstripping market expectations and restoring cash dividends after a radical balance sheet overhaul.
MILAN Italian banking shares rallied on Monday after a deal to wind down two ailing regional lenders allowed Rome to draw a line under its biggest banking headache, with taxpayers rather than the financial industry shouldering the bulk of the losses. | Video
MILAN/ROME Italy began winding up two failed regional banks on Sunday in a deal that could cost the state up to 17 billion euros ($19 billion) and will leave the lenders' good assets in the hands of the nation's biggest retail bank, Intesa Sanpaolo. | Video
Brüssel/Mailand Aufatmen in Italien, Wut in Deutschland: Die milliardenteure Auffanglösung für zwei italienische Regionalbanken auf Staatskosten stößt bei deutschen Politikern auf heftige Kritik.
Rom/Mailand In Italien müssen die Steuerzahler für die Rettung von zwei Banken tief in die Tasche greifen: Bis zu 17 Milliarden Euro stellt die Regierung für die Institute Veneto Banca und Banca Popolare di Vicenza bereit, die zuletzt von der EZB-Bankenaufsicht als wahrscheinlich nicht mehr überlebensfähig eingestuft wurden.
Frankfurt/Mailand Die beiden italienischen Krisenbanken, Veneto Banca und Banca Popolare di Vicenza, werden aller Voraussicht nach zerschlagen.
MILAN/FRANKFURT The European Commission on Friday gave preliminary approval for an Italian plan to wind down two ailing Veneto-based regional lenders with state money in a move that may allow Rome to solve its latest banking crisis on its own terms.
FRANKFURT/MILAN A clumsy attempt by Italy to tackle problems at two Veneto-based banks by allowing a major lender to cherry-pick their prime assets for a pittance has left the government testing the boundaries of European law.
MILAN Italy's biggest retail bank Intesa Sanpaolo on Wednesday set tough conditions on an offer to buy the healthy assets of two Veneto-based banks, part of efforts to prevent European authorities from stepping in to wind them down.
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