All 16 defendants, managers and banks, were acquitted in the appeal process on the MPS case because "the fact does not exist" on the controversial accounting of derivatives. The bank approves the accounts and announces the presentation of the new plan for 23…
The Court of Milan sentenced Giuseppe Mussari to 7 years and 6 months, Antonio Vigni to 7 years and 3 months and Gian Luca Baldassarri to 4 years and 8 months for the Antonveneta affair.
According to the Milanese prosecutors investigating Monte dei Paschi following the purchase of Antonveneta, the crack was not due to the Alexandria and Santorini derivatives to support the bank's losses but to more structural reasons that Bankitalia saw…
The CEO of Ubi, Victor Massiah, could accept the project to expand his own institute, which the purchase of Bpm has missed out on - Monte dei Paschi would be able to raise cash and get rid of a part of the bad debts that burden its…
The agreement between Antonveneta-Mps and Confindustria Padova, Confindustria Vicenza and Unindustria Treviso provides for the allocation of a ceiling of 400 million euros to bring the industry located abroad within the Veneto borders by supporting its development, production and employment .
The men of the currency unit of the financial police this morning went to the Milan office of JP Morgan in Milan, as part of the investigations into the acquisition of Antonveneta by Monte dei Paschi di Siena.
Cassa Depositi e Prestiti, together with SACE and Banca Antonveneta (Montepaschi Group), finance the development of the international activities of Maschio Gaspardo with 5 million euros
"The judiciary is investigating; if this should be the case, we would restore the Monte dei Paschi budget because we would ask for the money back" - "Mussari? I don't have a positive opinion of him".
The investigation by the Capitoline magistrates adds to that already underway by the Siena prosecutor's office - Ettore Gotti Tedeschi, former president of the IOR and manager of Santander at the time of the Antonveneta acquisition, was questioned.
On appeal, Antonio Fazio, former governor of the Bank of Italy, was sentenced to two and a half years, Ivano Sacchetti and Giovanni Consorte, former top management of Unipol, to one year and eight months, and Gianpiero Fiorani, former CEO of Banca Popolare…
The President of Montepaschi in Padua to talk about Antonveneta: "We want to preserve the brand according to its value for the various territories and market segments" - As for the closure of branches and layoffs, "we need to affect…
Lighter penalties in the appeal ruling on Popolare di Lodi's failure to takeover Antonveneta. The sentence imposed on the former governor of the Bank of Italy, Antonio Fazio, has been reduced from four years to two years and six months. The Court of Appeal of…
