MILAN Dutch bank ING Groep NV's Italian business has reached a provisional deal with Milan prosecutors to settle a money-laundering investigation by paying 30 million euros (£25.77 million), two sources familiar with the matter said.
MILAN, Dec 5 Dutch bank ING Groep NV's Italian business has reached a provisional deal with Milan prosecutors to settle a money-laundering investigation by paying 30 million euros ($33 million), two sources familiar with the matter said.
MILAN An Italian court in Genoa found that motorway unit Autostrade per l'Italia applied pressure on officials at a sister maintenance firm to falsify safety reports for several bridges to save money for parent company Atlantia .
MILAN Atlantia's tollroad unit defended its risk management on Wednesday after a newspaper reported police had seized documents suggesting that concerns over the safety of a bridge in Genoa that collapsed last year had been raised as early as 2014.
MILAN An Italian court has convicted 13 former bankers from Deutsche Bank, Nomura and Monte dei Paschi di Siena over derivative deals that prosecutors say helped the Tuscan bank hide losses in one of the country's biggest financial scandals.
JOHANNESBURG/MILAN A Congolese presidential advisor played a key role in awarding oil licenses now at the heart of a corruption probe by Italian authorities that has engulfed energy giant Eni SpA and the family of its chief executive.
JOHANNESBURG/MILAN A Congolese presidential advisor played a key role in awarding oil licenses now at the heart of a corruption probe by Italian authorities that has engulfed energy giant Eni SpA and the family of its chief executive.
MILAN Milan prosecutors investigating an accounting scandal at the Italian unit of British Telecom have asked for the unit and 23 defendants, including three former top executives, to be sent to trial, three people with knowledge of the case said on Tuesday.
MILAN Italian prosecutors have widened an inquiry into suspected safety breaches at subsidiaries of Atlantia ATL.MI to include more employees and viaducts than they identified last month, two sources close to the investigation told Reuters.
MILAN Italian prosecutors are investigating the wife of Eni's chief executive as part of a wider probe into allegations of corruption involving the oil and gas major in Congo Republic, a prosecution document seen by Reuters showed.
Vast crowds of black-clad demonstrators thronged Hong Kong on Sunday in the largest anti-government protests since local elections last month that boosted the pro-democracy movement seeking to curb controls by China.