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United Kingdom

Paola Arosio

UPDATE 2-Italian banks consider credit line to protect deposits -sources

09 Nov 2018

* Govt policies are pushing funding cost up (Adds Economy Minister Tria, Bank of Italy)

UniCredit trims capital guidance after U.S. dispute, Turkey hit

08 Nov 2018

MILAN Italy's top bank UniCredit missed third-quarter profit forecasts after writing down its stake in a Turkish bank by almost $1 billion and covering for an expected settlement of an Iran sanctions case with the United States.

Elliott stake report lifts Italy's Mediobanca shares

03 Aug 2018

MILAN/LONDON A report that activist fund Elliott has built a stake of around 1 percent in Mediobanca lifted shares in the influential Italian investment bank on Friday.

Italy's Mediaset and F2i bid for EI Towers, may spur more tie-ups

17 Jul 2018

MILAN Italy's biggest commercial broadcaster, Mediaset , has joined forces with infrastructure fund F2i to launch a takeover bid for masts group EI Towers , in a move widely expected to spur further consolidation in the sector.

AC Milan's Chinese owner takes financial battle down to wire

30 Jun 2018

MILAN The indebted Chinese owner of Italian soccer club AC Milan has valued the club at around 700 million euros 619.27 million pounds) and has decided against a quick sale for a much lower valuation to U.S. television tycoon Rocco Commisso, a source said.

Italy's Monte dei Paschi gears up for London roadshow amid investor nerves: sources

09 Apr 2018

(This March 29 story refiles to correct figure to 19 percent in paragraph 20.)

Monte dei Paschi's bosses confident about turnaround plan: sources

04 Apr 2018

LONDON The top executives of bailed-out Italian bank Monte dei Paschi di Siena told investors in London on Wednesday the bank is making progress with its turnaround plan, two fund managers who attended the meetings said.

Monte dei Paschi's bosses confident about turnaround plan - sources

04 Apr 2018

LONDON The top executives of bailed-out Italian bank Monte dei Paschi di Siena told investors in London on Wednesday the bank is making progress with its turnaround plan, two fund managers who attended the meetings said.

Infrastructure fund GIP offers 1.9 billion euros to buy railway group Italo

05 Feb 2018

MILAN Global Infrastructure Partners III funds (GIP) has presented an offer to buy railway group Italo, the Italian firm said on Monday.

Exclusive - Telecom Italia deputy chairman gives up operational powers: sources

25 Jan 2018

MILAN The deputy chairman of Telecom Italia (TIM) , Giuseppe Recchi, has given up operational powers, two sources with knowledge of the matter said, the latest sign of turmoil at the group that has changed CEOs twice in the past two years.

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