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
BRESCIA, Italy UBI Banca is studying potential merger options as the sector consolidates, but its chairman said he would quit rather than agree to a linkup with Monte dei Paschi di Siena .
GENOA, Italy The top investor in Banca Carige questioned on Thursday backstop accords with investors that last year allowed the Italian lender to meet regulatory demands to raise capital.
MILAN Investors took up 83 percent of a 700 million euro ($862 million) new share sale by Italy's Credito Valtellinese , helping the mid-sized lender's efforts to shed bad debts and restructure.
MILAN Mid-sized lender Creval will offer new shares at 0.10 euros each from Monday, in a 700 million euro (621.89 million pounds) offer that will test investor demand for Italian banks ahead of a general election.
MILAN European Central Bank supervisors want euro zone lenders to reduce the weight of impaired loans so it falls below 10 percent of total debts fairly quickly, the head of Italy's fifth-largest bank UBI said on Thursday.
MILAN Italian bank Creval's planned 700 million euro ($828 million) new share issue will succeed and leave it in good shape for a merger which is certain to follow, its director general said.
MILAN Italy's Banca Carige secured backing from core shareholders and underwriters for a vital 560 million euro (£500 million) cash call needed to stave off the threat of being wound down.
GENOA, Italy, Sept 28 Shareholders in Banca Carige approved on Thursday a new share issue for up 560 million euros ($660 million) which the Italian bank must complete by the end of the year to meet regulatory demands.
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.
MILAN Italy's banking industry rescue fund Atlante expects the European Central Bank to approve a merger between ailing Popolare di Vicenza and Veneto Banca, likely requesting state support to ensure the plan's success.
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