The negotiations, still ongoing and communicated to Consob and the Italian Stock Exchange, concern the acquisition of a majority share of the Industria Italiana Autobus company. Company that has historical roots in Italian entrepreneurship
Although the Gulf-Moscow law has improved gender equality in top management, "rubber walls" persist that hinder the rise of women. Gabriella Alemanno, Consob commissioner: “New legislative interventions are needed”
Three new features are coming to the information prospectuses of bond issues. Objective: to make the Italian market more competitive without neglecting investor protection
Consob celebrates Christmas with a record achievement, but the chances of recovering the funds remain slim. The scheme of scams is always the same: tempting bait and empty promises
In the annual meeting with the financial market, the Consob president underlines that the spread on Italian government bonds "underestimates" the country's capabilities, the competitiveness of businesses and the high level of savings. However, a rapid return to the budget surplus is needed
Consob data on governance: State and families in control, foreign investors in listed companies at their lowest since 2013, increase in shareholder participation in shareholders' meetings
The serial type of litigation, which arose from the events of "betrayed savings" that emerged following the 2015-2017 banking crises, is fading. In six years 142 million returned to savers
Too often labels and advertisements aim to present products or services as sustainable, without actually being sustainable. This is what emerged during the Consob conference entitled “Sustainable investments. Knowledge, attitudes and choices of Italian investors"
How do Italians position themselves with respect to their savings? The Consob survey traces the profile of their behaviour: from anxiety, to fear up to the least responsible and most risky choices. Savona's recipe
Even though the French have won a majority in the Council, they are not in fact in control. Vivendi is now freer on Tim's board
The League relaunches the proposal to transfer Consob and Antitrust from Rome to Milan. But the real game is on the Autonomies and on the renewals of expiring directors. Here are which ones
After 12 years of sporting triumphs, the era of Andrea Agnelli at the helm of Juve - Scanavino General Manager and Ferrero president pro tempore, but the fans dream of Alex Del Piero
The 10% leap on the Stock Exchange of the Monte dei Paschi share suggests that the square of the capital increase is approaching due to the new availability of Anima, Axa and the banks of the consortium.
For Consob, non-financial disclosures are a requirement that can introduce mechanisms for "a progressive cultural transformation". With an impact also on the remuneration of CEOs
The surprise entry of JP Morgan into the capital of Banco Bpm raises questions about the real purpose of the American bank and the market wonders if its move will back up its client Credit Agricole
Companies can undergo cybersecurity tests through a new structure – The authorities have adopted the national TIBER-IT Guide, which implements the European models
According to a Consob-Normale study from Pisa, Covid has boosted online trading as it did with smart working, but it has also changed the profile of investors
The project aims to analyze investor behavior to isolate possible cases of insider trading - Last year Consob blocked 720 abusive sites
The president of Consob also calls for "simplifications to curb the flight of companies to foreign stock exchanges" and an "international conference on cryptocurrencies"
Consob president Paolo Savona, presenting the report on Corporate governance, underlines that the "administrators' skills on sustainability and digitization" have improved
On the other hand, the chair of president is occupied by a woman only in 30 cases - In three cases out of four, the role covered by women is that of independent director
The two Authorities underline "the need for full compliance with the restrictive measures decided by the European Union in response to the situation in Ukraine"
The Consob Commissioner presents his "dream" at the largest Italian asset management event: "Developing the potential of Made in Italy Fintech in our country"
Consob urges Italy and Europe: the EU does not provide for rules on the use of digital tools in shareholders' meetings and the emergency regulation passed by Italy during the pandemic will expire on 31 July
Tim and Generali always at the center of the Stock Exchange - The KKR takeover bid, which calls for due diligence, seems to vanish, while Consob says that there is no concert between Caltagirone and its partners
Bank of Italy and Consob revised the 2012 agreement on the exchange of information on banks that make public offers of debt securities
Consob report on the corporate governance of listed companies: The percentage of women with positions on boards has reached an all-time high. Major shareholders? The families
Consob asks listed companies to specify the effects of the Russian invasion on their balance sheets - Cautious stock exchanges after last week's big rebound
Il Leone intends to clarify whether the investments of Caltagirone, Del Vecchio and Crt have complied with all the obligations and whether or not they are configured as a concert between shareholders
With the green light from Consob, the outgoing Generali board of directors will be able to present - as is already the case in Mediobanca - a list of candidates it has issued in view of the renewal of top management at the end of April and which it has…
A tweet from President Savona inflames Consob, which is unable to pronounce itself on the Generali case - Two-speed stock exchanges: Europe recovers, the Nasdaq does not
All share lists are recovering, with Milan the best stock exchange in Europe - The Nasdaq is breathing - In Piazza Affari the most purchased stocks are Tim, Enel and Amplifon - Sales of Saipem, Eni and Stellantis - Savona, accused of…
According to Consob, the number of transactions in shares grew by a third between 2019 and 2021 - Interest in crypto-assets is also increasing - Participation in the markets is growing, but new investors are less competent…
In 2021, more than 35 million euros returned to savers' pockets - The rate of acceptance of appeals is growing sharply
He will be the new Director of Financial and Business Affairs of the World Organization based in Paris - This is why Di Noia is leaving Consob one year early
Stefano Lucchini, Giovanni Malagò and Andrea Abodi launch the three-year collaboration between the Foundation for Financial and Savings Education, CONI and the Istituto per il Credito Sportivo to raise awareness among athletes on issues of economic citizenship, management…
The Consob president warns against the risk of proliferation of different regulatory frameworks between countries. The case of cryptocurrencies. Innovation must be legitimized by clear and coordinated rules or savers are more exposed
The battle among Generali's top management heats up in view of today's Appointments Committee and Monday's board which must decide on whether or not to present a list of the outgoing board of directors, confirming or not Donnet's leadership,…
Only the shareholders who had accepted the settlement agreement proposed by Popolare di Bari were excluded. This was decided by the Court of Bari in the last hearing in the trial against the former heads of the institute. He will return to court next September
After a long illness, Filippo Cavazzuti, great economist, university professor, pupil of Nino Andreatta and right-hand man of Carlo Azeglio Ciampi, senator of the independent Left for 4 legislatures and Consob commissioner, passed away - - The message of…
Appeals presented since the beginning of the year are on the rise, most of which come from Southern Italy - Serious critical issues encountered in the information prior to the investment - Compensations are also growing
In the meeting with the market, the president of Consob, Paolo Savona, recalled the urgency of adequate regulation of cryptocurrencies, which otherwise risk distorting the normal functioning of the markets by exposing them to high risks
Oil opens the week at a high and Goldman Sachs expects it to reach 80 dollars a barrel - Waiting for the Fed meeting - Consob meeting with the market today with the report from President Paolo…
Bitcoin's recent records have turned the spotlight on crypto-assets, but they present major risks of volatility, malfunction and cyber-attacks
In the Government's nomination dossier there are not only the renewals of the subsidiaries - starting with the CDP and the Fs - but around fifty other positions in public bodies and bodies that are coveted by many: here's what…
A recent Consob study argues that the Italian rules on takeover bids are used more for delisting than to increase the contestability of companies, but the real problem does not lie in the current regulation but in the nature of Italian capitalism, which…
Generali can increase up to 26,9% of Cattolica Assicurazioni by purchasing the shares subject to withdrawal without having to launch the tender offer: Consob established it on Christmas Eve
Covid-19 has also affected Consob which will be closed for a week, the president Paolo Savona having tested positive
They were offering investment products but were not authorized to do so - In all, 2019 abusive trader sites have been shut down since July 279
The two Authorities have launched a series of regulatory changes to standardize the rules on the distribution of insurance investment products - Here are the main changes
Consob gives the go-ahead for the operation - The acceptance period will begin on July 6 and end on July 28 - The Ubi board of directors will pronounce its decision next week - The uncertainty of the Antitrust judgment remains in the background. The reasoned comment…
After the go-ahead from the PSA assembly today it's up to the Fiat shareholders to approve the marriage of the car - Meanwhile Consob says yes to Intesa's Ops on Ubi and Mps shines on the stock market for the launch of the bad bank - License to speculate…
The new deadline for the pronouncement on the Ops has been set by the Authority led by Paolo Savona for Sunday 28 June
The Venetian insurance company, at the request of Consob, updates the information on capitalisation, solvency and liquidity and confirms that at the meeting of 27 June it will ask for the proxy for a capital increase consistent with the requests of IVASS
The President of the Commission proposes issuing securities with no maturity date that guarantee a perpetual fixed coupon to support the restart of the economy - Savona also suggests favoring popular shareholders "to avoid the return of the State"
On the occasion of the annual meeting between Consob and the financial market, the President of the Republic underlines that Piazza Affari can play "a significant role in the restart of the country" - Now, however, we need to focus "on the strengthening and growth of businesses" -…
Purchases of Italian BTPs now exceed 8 billion in just two days - Piazza Affari, on the other hand, where the end of the ban on short selling overwhelms the banks but also Tenaris, Tim and Recordati - Spreads in…
Faced with the risks of takeovers hostile to strategic companies on the wings of falling stock market shares, governments are locking down essential assets - Strengthening is a path that could pass, according to what Conte told…
What are Consob waiting for to suspend the Stock Exchange is incomprehensible in its silence. The agitation of Confindustria, which considers the right to health of workers negotiable like any other right, instead recalls the owner of the ironworks of the nineteenth century - In…
Memorandum of understanding between the two financial Authorities to favor the collaboration between the Financial Banking Arbitrator headed by Bankitalia and the Arbitrator for Financial Disputes headed by Consob
After the stops imposed by the authorities of France and Spain, Consob also takes the field to try to contain the strong speculation deriving from the Coronavirus emergency - 48 stocks affected, here is the complete list
The company was in charge of auditing the 2013, 2014 and 2015 financial statements of Il Sole 24 Ore: the fine amounts to a total of 250.000 euros.
The heavy losses of March 12 prompted Consob to ban short selling on 85 securities - Here is the complete list, the causes and consequences of the decision
After yesterday's stock market crash, emphasized by Lagarde's gaffe, Consob intervenes - But the Asian stock exchanges continue to lose - A rebound is expected in Piazza Affari, but the markets remain in shock
The European Directive on the distribution of insurance products is revolutionizing the relationship between companies and banks and between vendors and consumers/investors as emerged from a conference at the Sapienza University of Rome with Ivass, Consob, Ania, Abi and many academics
According to the latest Consob report on the governance of listed companies, the presence of women on boards has never been so high - However, female CEOs are still a rarity - Institutional investors hold less than 27% of the market
Stock markets and oil down in Asia, while gold and bonds fly - Recession risk for Italy in quarantine - Mustier will not go to HSBC
The US fund rises to 5,043% of Hera's share capital - After the industrial plan and preliminary data, analysts raise the target price - Title on the shields at Piazza Affari
The two institutions have agreed on a common strategy to strengthen various infrastructures of the Italian financial system - The goal is to protect citizens, administrations and operators
Consob staged the Ponzi scheme in Rome, one of the most famous financial scams of all time. The model, conceived a century ago by the Italian Charles Ponzi, is still very topical, at the basis of online and offline scams. The event…
The 700 million increase started this morning at 9 after receiving the conditional approval from Consob - The securities may not be readmitted to the Stock Exchange - Carige will sell to Amco Nel for a gross 2,8 billion
The two Authorities have summoned the former CEO of the Veronese company because they want to clarify the reasons for his sudden departure - A recommendation to Parliament and the Government on the governance of listed cooperatives is not excluded - Not for…
The Consob Report on the investment choices of Italian families confirms the country's low level of knowledge and financial literacy which requires a clear leap in quality of educational initiatives
Based on the powers obtained with the Crescita decree, the Commission ordered the shutdown of 5 financial services sites that operated in Italy without authorization
The Council of State annulled the Consob resolution which required Lauro 61 to raise the tender offer price from 0,80 to 0,83 euro per share
According to La Stampa, Consob is carrying out investigations to verify that no one has disseminated misleading information to influence the share - The Bologna Public Prosecutor's Office is also investigating - Yet another day of fire on the stock exchange
Compulsory consultancy on complex products, declaration of compliance with customer needs, news on the information to be provided before the sale and more: this is what changes with the transposition of the European IDD directive
Consob has made use of the new rules established by the Growth Decree - Here is the list of blocked sites
Together with the former director and the former CEO, 3 former managers were also sanctioned. And Confindustria, in the preliminary hearing of the trial on the past management of the newspaper, enters a civil action against Treu, Benedini and Napoletano
In Milan, the bank brought together an audience of entrepreneurs and finance professionals for the usual appointment dedicated to the debate and analysis of the annual speeches given by the Governor of the Bank of Italy, Ignazio Visco and by the President of Consob,…
On the occasion of his first annual report, the president of Consob defends the government line and launches the proposal for a European bond. To revive confidence, a 20 billion public-private investment plan is useful
On Tuesday 28 May "Beware of scams" will go on stage at the Pime Theater. A show promoted by Consob for financial information. It is inspired by the scheme of the famous con man Charles Ponzi.
The go-ahead for the new Bank of Italy directory remains the most important open chapter for public appointments, but Treccani, Istat, Anvur and more are also on the agenda
The 2018 Corporate Governance Report confirms that the prevailing control model (two out of three companies) continues to be the family one - The presence of women on boards is still limited, but still at an all-time high - In hand…
Di Maio claims that "discontinuity" is needed in the Directorate of the Bank of Italy but, while today he opposes the confirmation of the deputy director Signorini, in October he gave the go-ahead to the other deputy director Panetta, who has the supervision of the disputed Supervision: two weights …
After months of controversy Lega and M5S have found an agreement - Ok from the Council of Ministers, interim from the Ministry of European Affairs to Conte - Marcello Minenna, pushed to the last by the orthodox wing of the Five Stars, will be general secretary - Su…
In the context of a marginal and declining financial capitalism greedy for debt, it is not surprising the fall in private investments which, together with the small size of the companies, marks the economic stagnation since the 90s and that the populist government is careful…
The current minister of European affairs is in pole position for the appointment to the presidency of the Authority that supervises the stock exchange and financial markets: Conte and Mattarella like him and he would remove the embarrassing candidacy of the pro-grillino Minenna from the table
The law provides that the President of Consob, in addition to being competent, is a person of "undisputed independence" but, in addition to other defects, this is not the case of Marcello Minenna, former councilor for the budget of the 5 Star Council of Rome and…
This was decided by Consob, which already yesterday after the news of the decay of the board of directors had suspended negotiations on Carige - The former CEO (now commissioner) Innocenzi: "The institute is well capitalized and has clear governance. No risk of instability ".
Red disc from the Quirinale for the promotion of the eurosceptic Marcello Minenna to the presidency of Consob, who remains in the balance between internal or, more likely, external appointment, where there is no shortage of candidates
According to the administrative judge, there was no collusion between the bidder and the seller Malacalza: therefore it was unjustified to impose the increase from 0,80 to 0,83 euro per share.
Final battle between Lega and Cinque Stelle for the appointment of the new president of Consob - Di Maio supports the eurosceptic Minenna, former councilor of the Giunta Raggi in Rome, while Salvini would prefer a true Bocconian like Donato Masciandaro
FINANCIAL EDUCATION - When faced with a choice, our brain works in ways that we ourselves are not aware of and that often come from instinct: mechanisms that explain, for example, why so few people choose supplementary pensions,…
The Commission pushed by the now resigned Mario Nava has intervened to stem the explosion of sites out of control, dangerous for savers. About eighty have been closed, others have received heavy fines. The data should have been presented in a hearing in the Senate,…
Consob has announced that Anna Genovese will be the vicar president after Mario Nava was forced to resign. The negotiation between Lega and M5S has already opened and would also involve the Antitrust where Giovanni Pitruzzella leaves at the end…
The rebuke from the president of the ECB and the Eurocommissary to the Italian government sound like indirect support for Minister Tria's reasonable line of economic policy but they make the markets anxious - The resignation of the president of Consob throws more fuel...
After endless controversies from the Five Stars and the League that have accompanied his mandate from the outset for not having taken leave of absence from the EU, where he was a top executive, Mario Nava today threw in the towel and resigned from…
The two majority parties, through a joint note from the group leaders of the House and Senate, ask the president of Consob to take a step back as a "gesture of institutional sensitivity" for his position in the financial supervision of the EU from which he…
Consob should come out of hibernation and require garrulous ministers to inform the markets in detail about their intentions on Autostrade in order to put an end to the information chaos that Di Maio and his cronies are generating on the markets…
