Another European bank is in play, with Italy's Mediobanca fielding a surprise takeover offer from rival Monte dei Paschi. Shares in the target surged, while those in the bidder fell. Get the full stor ...
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The government attributed the release to procedural reasons. But critics say it is because Italy depends on Libya to stem the ...
Under founder Enrico Cuccia, Mediobanca pulled the strings of Italian post-war finance. Now it is under siege, with former ...
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Italian bank Monte dei Paschi di Siena announced Friday it was launching a 13.3 billion euro ($13.9 billion) takeover bid for ...
ROME (AP) — Human rights groups voiced outrage Wednesday after Italy released a Libyan warlord on a technicality, after he ...