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ROME Banca Intesa SpA and Sanpaolo IMI SpA said Saturday that they agreed to merge, creating Italy's biggest bank in what one official hailed as a sign of vitality in the economy.
The banks said the new group would have about $650 billion in combined assets and a market capitalization of more than $76.6 billion. The banks said they expect the new group will have a 20 percent market share and show annual net growth of about 13 percent in the period up to 2009.
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ROME - Premier Silvio Berlusconi promised Tuesday to resign after Parliament passes economic reforms demanded by the European Union, capping a two-decade political career that has ended with Italy on the brink of being swept into Europe's debt crisis.
Berlusconi met for about an hour Tuesday evening with Italian President Giorgio Napolitano after losing his parliamentary majority during a routine vote earlier in the day. In a statement, Napolitano's office said Berlusconi had "understood the implications of the vote" and promised to resign once parliament passes economic reforms designed to spur growth and rein in Italy's public debt.
... the CEO of Italy's second-largest bank, Intesa Sanpaolo SpA, expressed confidence in Italy's abil...
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... 1 April were: EFG Eurobank Ergasias S.A., Intesa Sanpaolo Spa, KBC Bank NV, Caja de Ahorros de Vale...
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..., Essex Woodlands Health Ventures UK Ltd, Intesa SanPaolo S.p.A. e Alpha Private Equity Funds ('Con...
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- John L. Sniado, Iii, on Behalf of Himself and all Others Similarly Situated, Plaintiff-Appellant, v. Bank Austria Ag, Raiffeisen Zentralbank österreich Ag, Erste Bank Der österreichisechen Sparkassen Ag, österreichische Postsparkasse, Raiffeisenlandes-Bank Northern Austria-Vienna, Northern Austria Landesbank Hypothekenbank, österreichische Volksbanken Ag, Abn Amro Bank N.V., Gwk Bank N.V., Fortis N.V., Ing Bank N.V., Banca Di Roma Spa, Banca Nazionale Del La Voro Spa, Banca Intesta, Deutsche Bank Ag, Unicredito Italiano Spa, Defendants-Appellees. Bank Für Arbeit Und Wirthschaft Ag, Sanpaolo Imi Spa, Defendants., 352 F.3d 73 (2nd Cir. 2003)
... & McAuliffe, New York, N.Y., for Banca Intesa, SpA, Richard L. Mattiaccio, Pavia & Hartcourt LLP...
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..., Essex Woodlands Health Ventures UK Ltd, Intesa SanPaolo S.p.A. e Alpha Private Equity Funds ('Con...
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.... COMP/M.5797: State Street Corporation/ Intesa Sanpaolo Servizi Transazionali S.p.A. and Sanpaolo...
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... S.A., Goldman Sachs Bank USA, Intesa Sanpaolo S.P.A. SES (Paris:SESG) (LuxX:SESG) wholl...
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Sport Chalet sees quarterly loss
LA CANADA FLINTRIDGE - Sport Chalet Inc. on Tuesday reported a net loss of $2.8 million, or 20 cents per share, for the fourth quarter of fiscal 2008, compared with net income of $881,000, or 6 cents per share, for the same period a year earlier.
... a contract from Italian banking group Intesa Sanpaolo SpA to provide project and construction m...
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...* Fiat SpA . * Finmeccanica SpA . * Intesa Sanpaolo SpA . * Poste Italiane SpA . * Premafin F...