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☆ Financial companies are getting creative about annuities
▼ + stars: | 2024-05-18 | by ( Samantha Delouya | ) edition.cnn.com time to read: +7 min

It’s fueling a huge rollout of new retirement products — but they’re not all golden tickets. “We didn’t really save much of anything.”However, jobs offering pension plans are harder to come by compared to previous decades. Over the past 40 years, defined contribution plans, also known as 401(k) plans, have taken their place. Americans currently hold over $7 trillion in 401(k) plans, according to data from the Investment Company Institute, a trade association. These types of retirement plans put the job of saving and investing on the employee.

Persons: CNN —, Jennifer Messina, “ I’m, ” Messina, ” Teresa Ghilarducci, ” Eric Stevenson, Roth, Ghilarducci, you’re, ”, There’s, she’s, we’ll, Messina Organizations: CNN, Alliance for Lifetime, Investment Company Institute, Social Security, Social Security Administration, Federal, The New School for Social Research, BlackRock, Nationwide, Messina Locations: Nutley , New Jersey, BlackRock, New Jersey, South Carolina, North Dakota

☆ Intesa Sanpaolo aims to reinforce its wealth management and protection attitudes, CEO says
▼ + stars: | 2024-05-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntesa Sanpaolo aims to reinforce its wealth management and protection attitudes, CEO saysCarlo Messina, CEO of Intesa Sanpaolo, discusses the bank's earnings and the outlook for the European banking sector.

Persons: Carlo Messina, Intesa Sanpaolo

astead herndonLast year, the comedian was Roy Wood Jr., a veteran of “The Daily Show” on Comedy Central —archived recording (roy wood jr.) Happy to be here. I don’t think you can ignore anything that the American people are bringing to you. So I think that’s where it ain’t funny to a lot of people. And I think that’s what we’re — those are the only two things we’re armed with is either laughs or yelling. But now do you want the funny guy that’s going to be in control of your uterus?

Persons: astead herndon, Jon Stewart, Wanda Sykes, roy, Dark Brandon, Roy Wood Jr, astead herndon —, I’ll, I’m, Clarence Thomas, There’s, Trump, it’s, Donald Trump, —, Biden, ” I’m Astead, ”, Showtime ”, that’ll, astead herndon Really, It’ll, astead, Jim Messina, Joe Biden, Rupert Murdoch, That’s, Harry Styles, Don Lemon, Harris, Ron Klain, exoticize Joe Biden, Scranton Joe, we’re, you’re, Obama, herndon, we’ve, Bob Dole, that’s, George Floyd, They’re, what’s, Roy, Buddy, who’s, Trayvon Martin —, let’s, Ludacris, Kim Kardashian, Ray J, Kardashian, astead herndon Roy, he’s, Joe Biden’s, It’s, I’ve, He’s, George Lopez, they’re, astead herndon I’m, there’s, John Oliver — astead herndon, “, Sarah Palin, Tina Fey’s, Nikki Haley, ain’t, Haley, Nikki Haley can’t, donald, Ron “ DeSanctimonious, astead herndon It’s, who’ve, Obama Obama, Lock, Hillary’s, Marco, You’re, Little Marco, Karine Jean, Pierre, astead herndon That’s, Donald Trump’s, Stormy Daniels, Jonah Bromwich, haven’t, jonah bromwich You’ve, We’ve, Michael Cohen, David Pecker, don’t, Trump — jonah bromwich, He’ll, biden, astead herndon Joe Biden, Let’s, She’s Organizations: White, Super, Comedy, “, Disney, The New York Times, Showtime, astead herndon, Trump, Biden, Paramount, BET, Scranton, Republicans, Florida, M University, Black College, Republican, Democratic Party, Democratic, Democrat, RFK, Party, Tea Party, SNL, Democrats, Tower, National, ”, AMI, Trump — Locations: Washington , DC, France, America, ” I’m Astead Herndon, herndon, Scranton, Tallahassee, Birmingham , Alabama, Birmingham, astead herndon, South Carolina, CPAC, Palestine, Israel, Manhattan, Florida, Tampa, Pennsylvania

☆ After my parents died and I lost my job, I moved out of my hometown and swore I'd never go back. But returning home helped me heal.
▼ + stars: | 2024-04-09 | by ( Melissa Drake | ) www.businessinsider.com time to read: +4 min

After my parents' deaths and other failures, I decided to move to California and follow my dreams. I learned I didn't have to run from my hometown or my past issues to heal properly. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . My former self believed I had to run away to heal and find happiness.

Persons: —, Jo Dee Messina's, blaring, it's, I'm Organizations: Service Locations: California, Iowa, Des Moines , Iowa, codependency, Des Moines

☆ Obama jumps in to help Biden defeat Trump again
▼ + stars: | 2024-03-27 | by ( Mj Lee | Jeff Zeleny | ) edition.cnn.com time to read: +7 min

Washington CNN —Barack Obama spent several hours last Friday in the family dining room of the White House, visiting his former vice president, Joe Biden. Obama’s biggest embrace of Biden’s reelection effort comes Thursday at a star-studded Manhattan fundraiser featuring Biden, Obama and former President Bill Clinton. As president, Biden has also been in frequent touch with Clinton, sources familiar say. “President Obama once said to me that every president is a reflection of the previous president, and he’s right,” Messina said. “Trump was the complete opposite of Obama, and Biden is the complete opposite of Trump.

Persons: Barack Obama, Joe Biden, Obama, Biden’s, Donald Trump, Biden, Nancy Pelosi, Joe, Kamala, ” Obama, we’ve, Jeff Zients, Bill Clinton, Stephen Colbert, Clinton, “, ”, Queen Latifah, Lizzo, Cynthia Erivo, Mindy Kaling, Ben Platt, Lea Michele, Jordan Roth, Alex Timbers, Annie Leibovitz, Steve Ricchetti, –, Jim Messina, Messina, ” Messina, “ Trump Organizations: Washington CNN, White House, House, CNN, Affordable, Biden, Biden’s, Presidents Club, Radio City Music Hall, Democrats, White, Republican, Trump Locations: White, president’s State, Manhattan, , Gaza, Obama’s, United States

☆ Biden fundraising 'dream team' creates $140 million war chest to take on Donald Trump
▼ + stars: | 2024-02-22 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

US President Biden arrives to board Air Force One at Joint Base Andrews in Maryland on December 20, 2023, as he departs for Milwaukee, Wisconsin. President Joe Biden's $140 million campaign war chest has been bolstered by a group of loyal advisers and fundraisers that some party strategists call a "dream team" effort to defeat the likely Republican nominee, former President Donald Trump. "They have kind of put together a dream team in fundraising," said Jim Messina, who served as former President Barack Obama's campaign manager for his successful 2012 reelection campaign. Katzenberg has been speaking with donors to Republican presidential candidate Nikki Haley and trying to recruit them to support Biden. But Katzenberg pointed to Haley's support in places like New Hampshire, where she won 43% of the Republican primary vote, saying that suggests there is a slice of the Republican party ready to move on from Trump.

Persons: Biden, Joe Biden's, Donald Trump, Jeffrey Katzenberg, Rufus Gifford, Michael Pratt, Jen O'Malley Dillon, Julie Chávez Rodriguez, Jim Messina, Barack Obama's, Katzenberg, Nikki Haley, Katzenberg Haley, Trump's, Karoline Leavitt Organizations: Air Force, Joint Base Andrews, Republican, State Department, CNBC, Trump, Biden, Democratic National Committee, Commission, White House Locations: Maryland, Milwaukee , Wisconsin, South Carolina, Trump, New Hampshire

Photos You Should See View All 21 ImagesThe Biden campaign circulated talking points to allies that were obtained by The Associated Press. Biden aides say they do not expect the president or his campaign to take on the age question more directly. Messina compared the special counsel's report to former FBI Director James Comey's October 2016 announcement that he was further investigating former Secretary of State Hillary Clinton's handling of classified emails. Beyond celebrating the release of the special counsel's embarrassing descriptions of Biden, Trump won a new trove of delegates in Nevada's Thursday caucuses, where he ran unopposed. Barry Goodman, a Biden fundraiser from Michigan, said he’s had some donors “take a wait and see approach” about supporting Biden, even before the special counsel’s announcement.

Persons: Joe Biden's, couldn't, Biden, Robert Hur's, Beau, Hur, “, ” Sen, Brian Schatz, they’ve, Trump, MAGA, doesn’t, ”, —, Kamala Harris, LaJoia Broughton, can’t, Sleepy Joe, Kate Berner, “ Donald Trump, Jim Messina, Barack Obama’s, Messina, James Comey's, Hillary Clinton's, “ There’s, ” Messina, “ Trump, I’d, Trump's, Joe Biden, What’s, ” Donald Trump Jr, Barry Goodman, he’s, ” Goodman, Goodman, Trav Robertson, General Merrick Garland, “ Merrick Garland, ” Robertson, Biden's, gaffes, Nancy Pelosi, Nikki Haley, Biden didn't, Dan Goldman, Robert Garcia, Mike Johnson, ” Garcia, ” ___, Bill Barrow, Ayanna Alexander Organizations: WASHINGTON, Joe Biden's Democratic, Democrats, Capitol, “ Republicans, Trump, The Associated Press, Democratic, Biden, Clinton, South Carolina Democratic Party, Republican, ” ___ Peoples Locations: Hawaii, U.S, Florida, Washington, South Carolina, Columbia, Nevada's, Michigan, Mexico, Iran, Israel, New York, Atlanta

☆ Marco Raduano: Italian mafioso who escaped prison by tying bedsheets arrested during romantic dinner in France
▼ + stars: | 2024-02-02 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +1 min

Rome CNN —An Italian mafia boss who escaped from a maximum security prison last year by using bed sheets to scale the walls has been captured in France, authorities say. Marco Raduano, the 40-year-old boss of the Gargano Mafia in the southern Italian region of Puglia, was caught Thursday outside a luxury restaurant in Bastia, Corsica, where he was dining with a female companion. Also apprehended was his right-hand man, Gianluigi Troiano, who fled house arrest in 2021 after detaching his electronic bracelet. Raduano’s escape by tying bed sheets from his prison window just under a year ago was caught on the penitentiary’s surveillance cameras. The escape lasted 16 seconds and he fled on foot with no guards noticing or giving chase, which led to an internal investigation of the maximum security prison.

Persons: Rome, Rome CNN —, Marco Raduano, Matteo Messina Denaro, Rauduona, Gianluigi Troiano, Raduano, Omar Trott Organizations: Rome CNN, Gargano Mafia, Anti, Mafia, The Spanish Guardia Civil, French Gendarmerie Nationale Locations: Italian, France, Puglia, Bastia, Corsica, Granada, Spain, Bari, Foggia, The Spanish, Vieste, Italy

☆ How the Biden campaign is breaking with the Obama reelection model
▼ + stars: | 2024-02-01 | by ( Mj Lee | Edward-Isaac Dovere | ) edition.cnn.com time to read: +8 min

The Biden reelection campaign is rejecting the political organizing model that Obama used during his campaign for a second term in 2012, in which Obama largely shunned the Democratic National Committee and opted instead to set up his own vast electioneering machine. Several top DNC officials at the time complained that they were ignored by Obama, while state parties complained they were starved for resources. “One of the big challenges in 2012 was a national competition and rub between (Organizing For Action) and the state parties. Jim Messina, Obama’s 2012 campaign manager, previously told CNN that he believes the Obama campaign spent too much too early. Though O’Malley Dillon will now shift fully into politics, she remained deeply engaged with campaign operations throughout her time in the West Wing.

Persons: Joe Biden’s, Barack Obama, Obama, Biden, ”, Ray Buckley, “, Trump, officeholder, Ben Wikler, ’, —, Morgan Jackson, ” Jackson, Jim Messina, Jen O’Malley Dillon, Biden’s, O’Malley Dillon, Anita Dunn, Mike Donilon Organizations: Washington CNN, Biden, Democratic National Committee, Democratic, CNN, New Hampshire Democratic, White, New, Republican, West, Wisconsin Democratic Party, Wisconsin Democratic, DNC, White House, Trump, North Carolina – Locations: “, New Hampshire, North Carolina, South Carolina , Georgia, Nevada , Michigan , Wisconsin , New Hampshire , Pennsylvania, Arizona, Wisconsin, Georgia , Nevada , Arizona, Pennsylvania, Michigan, Obama’s, –, Wilmington , Delaware, Nevada, Delaware

☆ ‘I.S.S.’ review: Ariana DeBose stars in an outer-space thriller that can’t maintain the gravity of its premise
▼ + stars: | 2024-01-19 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

CNN —If “Alien” broke ground as a haunted house movie in outer space, “I.S.S.” moves the suspense thriller into a similar confined and tense setting. Set in the near future, the film hinges on a mixed Russian-American crew aboard the International Space Station. Bringing that modern wrinkle to Cold War-era paranoia is ripe with possibilities, especially given the frostier interactions between the US and Russia in recent years. Ariana DeBose in the outer-space thriller "I.S.S." “I.S.S.” premieres January 19 in US theaters.

Persons: Ariana DeBose, John Gallagher Jr, Gordon, “, ” Chris Messina, Costa, Pilou Asbæk, Masha Mashkova, Gabriela Cowperthwaite, CNN Films ’, Nick Shafir, burnishing, ” Organizations: CNN, Space, CNN Films, “ Locations: Russian, American, Russia, I.S.S

☆ Intesa Sanpaolo CEO says Italian asset quality is now among the best in Europe
▼ + stars: | 2024-01-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntesa Sanpaolo CEO says Italian asset quality is now among the best in EuropeCarlo Messina, CEO of Intesa Sanpaolo, discusses the outlook for interest rates and growth in Europe, and the increased resilience of Italian financial institutions.

Persons: Europe Carlo Messina, Intesa Sanpaolo Locations: Europe

☆ Arts Calendar: Happenings for the Week of January 14
▼ + stars: | 2024-01-14 | by ( Wsj Arts In Review Staff | ) www.wsj.com time to read: 1 min

A scene from ‘Hazbin Hotel’ Photo: Prime VideoFilm• “I.S.S.” (Jan. 19): After war breaks out on Earth, tensions are high among those onboard the International Space Station in Gabriela Cowperthwaite ’s sci-fi thriller starring Pilou Asbæk , Ariana DeBose , John Gallagher Jr. and Chris Messina . • “Which Brings Me to You” (Jan. 19): Lucy Hale and Nat Wolff , in this romcom from Peter Hutchings , play a pair who, after sparks fly when they meet at a wedding, decide to take things slow to see if there’s something deeper between them.

Persons: ”, Gabriela Cowperthwaite, Pilou Asbæk, Ariana DeBose, John Gallagher Jr, Chris Messina, •, Lucy Hale, Nat Wolff, Peter Hutchings Organizations: International Space Locations: Gabriela

☆ The most exciting new trains coming in 2024
▼ + stars: | 2024-01-04 | by ( Ben Jones | ) edition.cnn.com time to read: +13 min

CNN —Around the world, travelers are flocking back to trains, and demand is increasing across the board for high-speed trains, luxury “land cruises” and long-distance day and night trains. Here are some of the best new trains you’ll be able to take in 2024. Laurie Dieffembacq/Belga/AFP/Getty ImagesLinks between two of Europe’s most visited capitals have traditionally been pretty poor, with no direct trains since the 1990s. Ian Clarke/Alamy Stock PhotoFour continents, 13 countries, and seven luxury trains across 80 days – the ultimate experience for rail travel connoisseurs is due to depart in late 2024. BelmondOne of the world’s greatest luxury train journeys is returning to the rails in 2024 after a four-year gap.

Persons: Laurie Dieffembacq, Dimorestudio, Vita ”, Riva Aquarama, itineraries, Jeroen Berends, Gabriel Bouys, it’s, Jesus Hellin, That’s, Trenitalia, Luigi Ferraris, France –, Railbookers, Ian Clarke, we’ve, ”, Frank Marini, Alex Halada, There’s Organizations: CNN, Orient, Getty, ÖBB, Austrian Federal Railways, SNCF, Eurostar, National, Europa Press, French, Renfe, FS, Rocky Mountaineer, Royal, Orient Express, Oriental, ”, Oriental Express, Austrian Railways, Swiss Locations: Swiss, Venice, Paris, Berlin, AFP, Strasbourg, Frankfurt, Italy, Rome, Matera, Palermo, Sicily, Messina, Europe’s, Istanbul, Split, Brussels, Prague, Europe, Dutch, Dresden, Belgian, Roman, Naples, Madrid, Spain, France, Spanish, Barcelona, Lyon, Marseille, Canada, Central Europe, India, South Africa, Eastern, Vancouver, Malaysia, Singapore, Malaysia’s, Kuala Lumpur, Langkawi, Penang, Bangkok, Vienna, Innsbruck, Hamburg, Switzerland, Germany, Zürich, Gornergrat Bahn, Zermatt, Gornergrat, Riffelalp

The world also said goodbye to former U.S. Secretary of State Henry Kissinger, who died Nov. 29. Political Cartoons View All 1277 ImagesAnother political figure who died this year was former U.S. first lady Rosalynn Carter, who died Nov. 19. Among the entertainers who left the world this year was singer Tina Turner, who died May 24. Here is a roll call of some influential figures who died in 2023 (cause of death cited for younger people, if available):___JANUARY___Fred White, 67. A Hall of Fame forward who helped the Chicago Blackhawks win the 1961 Stanley Cup Final.

Persons: Wagner, Yevgeny Prigozhin, Prigozhin, Vladimir Putin’s, Henry Kissinger, Rosalynn Carter, Jimmy Carter, Silvio Berlusconi, Dianne Feinstein, James Buckley, James Abourezk, Nigel Lawson, Pervez Musharraf, Sandra Day O’Connor, Li Keqiang, Martti Ahtisaari, United Nations Bill Richardson, Gov, Sheila Oliver, Theodoros Pangalos, Tina Turner, Ike Turner, Suzanne Somers, Matthew Perry, Raquel Welch, Richard Belzer, Chaim Topol, Jacklyn Zeman, Lance Reddick, Alan Arkin, Paul Reubens, David McCallum, Richard Roundtree, Tom Sizemore, Jimmy Buffett, Sinéad O’Connor, Rita Lee Jones, Burt Bacharach, David Crosby, Fito Olivares, Ryuichi Sakamoto, Astrud Gilberto, Coco Lee, Tony Bennett, Harry Belafonte, Cormac McCarthy, William Friedkin, Bob Barker, Jerry Springer, Louise Glück, Jeff Beck, Mary Quant, Kaija Saariaho, Lloyd Morrisett, Fred White, Maurice, Verdine White, Ken Block, Walter Cunningham, Fay Weldon, ” Jan, Russell Pearce, Charles Simic, Lynette “ Diamond ” Hardaway, Donald Trump, Diamond, Constantine, Jan, Tatjana Patitz, George Michael’s, Lisa Marie Presley, Elvis Presley, Robbie Knievel, Evel Knievel, Ray Cordeiro, Elmo, Cookie, Gina Lollobrigida, Chris Ford, Crosby, Stills, Nash, Young, Cindy Williams, Shirley, “ Laverne, Billy Packer, Sylvia Syms, Alex ”, Barrett Strong, Norman Whitfield, “ Papa, Rollin ’ Stone, Tom Verlaine, Patti Smith, Bobby Hull, Paco Rabanne, Harry Whittington, Dick Cheney, Hsing Yun, ”, San Jose ”, Carlos Saura, Spain’s, Hugh Hudson, Oscar, “ Greystroke, Hans Modrow, David Jude Jolicoeur, Huey “, ” Smith, Little Richard, Lloyd Price, “, Leiji Matsumoto, Yamato ”, Tim McCarver, Stella Stevens, Jerry Lewis’s, John Munch, Ahmed Qureia, Betty Boothroyd, Ricou Browning, Gill, Gérard Latortue, Fontaine, Barbara Everitt Bryant, Ryan ”, Kenzaburo Oe, Judy Heumann, Gary Rossington, Lynyrd Skynyrd, Georgina Beyer, Traute Lafrenz, Rose, Peterson Zah, Tevye, Robert Blake, Jiang Yanyong, Bud Grant, Dick Fosbury, Pat Schroeder, Gloria Bosman, Jacqueline Gold, Britain’s Ann Summers, John Wick ”, John Jenrette, Juana La, Willis Reed, Darcelle, Paul O’Grady, Lily Savage, Emperor ”, Hedda Kleinfeld Schachter, Margaret Thatcher, Ben Ferencz, Nuremberg, Elisabeth Kopp, Michael Lerner, Jack Lipnick, “ Barton Fink, Bugsy Calhoun, Anne Perry, Thomas Pitt, William Monk, Al Jaffee, magazine’s, Charles Stanley, Richard Riordan, Todd Haimes, Tony Awards, Barry Humphries, Tony, Dame Edna Everage, Len Goodman, Carolyn Bryant Donham, Emmett Till, LeRoy “ Lee ” Carhart, Larry “, ___ Gordon Lightfoot, Tori Bowie, Vida, Grace Bumbry, Rock ”, Ovelha, Denny Crum, Heather Armstrong, Bobbie Spencer, Rolf Harris, Kenneth Anger, Doyle Brunson, Jim Brown, Timothy Keller, Andy Rourke, Ray Stevenson, Thor ”, Ed Ames, George Maharis, Carroll Cooley, Miranda, John Beasley, Kaija, George Winston, Ipanema ”, Robert Hanssen, Richard Snyder, Simon & Schuster, Françoise Gilot, Pablo Picasso —, Pat Robertson, Theodore “ Ted ” Kaczynski, Roger Payne, Treat Williams, Glenda Jackson, Daniel Ellsberg, Richard Nixon, Big, George Frazier, Lee Sarokin, Rubin “, ” Carter, Winnie Ewing, Sheldon Harnick, Jerry Bock, “ Fiorello, John Goodenough, Peg Yorkin, Sue Johanson, Yan Mingfu, John Berylson, James Lewis, poisonings, Mikala Jones, André Watts, Jane Birkin, Kevin Mitnick, San Francisco ”, Frank Sinatra, Lady Gaga, Hugh “ Sonny ” Carter Jr, Jimmy, Randy Meisner, Herman, Angus Cloud, Fezco, ” O’Neill, ___, Mark Margolis, Hector Salamanca, Saul, Sixto Rodriguez, flamed, Robbie Robertson, Tom Jones, Magoo, Timbaland, Aaliyah, Missy Elliott, Clarence Avant, Quincy Jones, Bill Withers, Ada Deer, Jerry Moss, Herb Alpert, Alpert, Michael Parkinson, Muhammad Ali, Miss Piggy, Jiri Cerny, Betty Tyson, Richard Nixon’s, John Warnock, Ron Cephas Jones, Howard Hubbard, Samuel “ Joe ” Wurzelbacher, Joe, Barack Obama, Gil Brandt, Tom Landry, Tex Schramm, Bill Richardson, Steve Harwell, Shabtai Shavit, Jordan, Ian Wilmut, Dolly, Prince Mangosuthu Buthelezi, Roy Kidd, Eno Ichikawa, Michael McGrath, Fernando Botero, Giorgio Napolitano, Matteo Messina Denaro, Michael Gambon, Albus Dumbledore, Harry Potter ”, Mankombu Sambasivan, Saad Eddin Ibrahim, Hosni Mubarak, Tim Wakefield, Dick Butkus, Michael Chiarello, Michael Chiarello ”, Masters, Burt Young, Paulie, Sylvester Stallone, Hughes Van Ellis, Kevin Phillips, Louise Meriwether, Mark Goddard, Major Don West, Rudolph Isley, Isley, unblinking, Piper Laurie, Chrissy Snow, Bobby Charlton, Bishan Bedi, Richard Moll, Xi Jinping, Wu Zunyou, Chandler Bing, Ken Mattingly, Bob Knight, Frank Borman, Steve Norton, Don Walsh, Mariana Trench, Terry R, Taylor, Daisaku Ikeda, Herbie Hancock, Bobby Ussery, George “ Funky ” Brown, Joanna ”, Marty Krofft, Pufnstuf, Donny, Marie ”, Terry Venables, Tim Dorsey, Serge A, Frances Sternhagen, ” “, Charlie Munger, Warren Buffett, Berkshire Hathaway, Gerald Ford, Shane MacGowan, Bernard McGhee Organizations: Wagner Group, Russian, White House, U.S, Supreme, United Nations, Greek Foreign, Republican, Hong, Boston Celtics, NBA, NBC, CBS, Television, Fame, Chicago Blackhawks, ”, New, of Fame, Louis Cardinals, “, Palestinian, Israel, South Dakota Democrat, Arab, Arab American U.S, Britain’s, Commons, . Census Bureau, Alabama ”, Zealand, Navajo, Minnesota Vikings, People, Playboy, Capitol, Juana La Cubana, New York Knicks, Guinness, World Records, Hollywood, Treasury, Southern Baptist Convention, Los Angeles, Roundabout Theatre Company, Air Force, Harlem Globetrotters, Janeiro Games, baseball’s, Germany’s Bayreuth, NCAA, Hall of Famer, Redeemer Presbyterian Church, Legion, Ames, Phoenix, FBI, Simon &, Christian Broadcasting Network, Republican Party, Christian Coalition, Harvard, Feminist Majority Foundation, “ Little, Communist Party, Millwall, New York Philharmonic, San, Brigade, Wing, Eagles, HBO, of Indian Affairs, M, Police, Carpenters, Adobe Systems, Pro Football Hall of Fame, Dallas Cowboys, escapist, Democratic, Zulu, Eastern, AA, Broadway, Communist, U.S . Senate, Red Sox, Yankees, Boston, Chicago Bears, Major, Isley Brothers, New York Times, Manchester United, India, Indiana, Nevada — Resorts, Atlantic City —, Navy, Associated Press, Soka Gakkai, Kentucky Derby, Kool, The, European, Barcelona, Tottenham, City Locations: Russia, Ukraine, Bakhmut, Russian, U.S, Finnish, New Mexico, New Jersey, British, Greece, American, Hong Kong, Italian, America, New York, Spanish, catwalks, Texas, Taiwan, Pakistan, Afghanistan, San, New Orleans, Rosebud, Arab American, Haiti, “, African, Brooklyn, London, Los, Mississippi, United States, Rivers, Georgia, Savannah, Louisville, New York City, Irish, HBO’s “ Rome, Brazilian, Ipanema, Moscow, Virginia, Montana, Vietnam, Canada, Asia, Chicago, Hawaii, France, South Africa, Wisconsin, Los Angeles, Czech, Eastern Kentucky, Colombian, ”, California, Tulsa, Finland, China, Nevada, Atlantic City, Florida, Berkshire

☆ Intesa CEO says bank profits at peak
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: 1 min

Carlo Messina, Chief Executive Officer of Intesa Sanpaolo bank, looks on during a meeting in Rome, Italy April 18, 2023. REUTERS/Remo Casilli/File Photo Acquire Licensing RightsMILAN, Nov 30 (Reuters) - Bank profits are close to peaking, and net fees will again play a prominent role from next year, giving an edge to banks such as Intesa Sanpaolo (ISP.MI) which has a diversified business model, Chief Executive Carlo Messina said on Thursday. "There is no doubt that we are currently in a peak phase for bank profits," Messina said. Italian banks have posted record profits this year thanks to higher interest rates, which lifted lending costs while deposit returns remained very low. Reporting by Valentina Za, editing by Gianluca SemeraroOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlo Messina, Remo Casilli, Messina, Valentina Za, Gianluca Semeraro Organizations: REUTERS, Bank, Thomson Locations: Sanpaolo, Rome, Italy

☆ Italy's competition watchdog stops Intesa moving clients to mobile bank
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +3 min

Intesa Sanpaolo bank logo and stock graph are seen displayed in this illustration taken, May 3, 2022. Italy's AGCM antitrust authority opened a probe earlier this month into the way Intesa was transferring clients to Isybank after a raft of complaints which the watchdog said had now reached 5,000. It wants Intesa to only move clients who explicitly give their consent. Isybank targets 4 million Intesa customers under 65 who only access their banking services remotely. The group migrated the first 300,000 Intesa account holders in October and plans to shift another 2 million in March.

Persons: Dado Ruvic, Intesa, AGCM, Carlo Messina, Antonio Valitutti, Isybank, Valentina Za, Giulia Segreti, Christina Fincher, Jane Merriman, Susan Fenton Organizations: REUTERS, Bank of Italy, European Central Bank, Thomson Locations: Italy

☆ An Italian ski resort shut down by climate change plans to reopen with artificial snow. Not everyone is happy
▼ + stars: | 2023-11-18 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +8 min

Now, plans to build a multi-million-dollar ski facility on a snowless northern Italian mountain may prove equally challenging. The Lake Como town of Bellagio is among communities backing the reopening of ski facilities. Old turnstiles, ski lift pillars, and even a map of now-vanished pistes can still be found on the mountain. Snow could become even more scarce in the future as the impacts of the climate crisis accelerate. The first plans for the Monte San Primo ski area were passed and the money pledged in early 2022.

Persons: Matteo Colombo, ”, Roberto Fumagalli, Fumagalli, doesn’t, Monte, George Clooney “ We’ve, George Clooney, “, hasn’t, ” Fumagalli, Snow, Roberto Fumagalli ‘, Angelo Barindelli, Alessandro Fermo, It’s, won’t Organizations: CNN, Getty, World Wildlife Fund, Italian Alpine, Alamy, Hollywood, Protesters, Lombardy Regional Council, Facebook, Monte Locations: Messina, Venice, San, Lake Como, Bellagio, Monte San, Mauritius, Cardiff, Bristol, Italy, Ethiopia, of Africa, Lombardy, Monte San Primo

But few outsiders are confident that the off-year wins will necessarily lead to Biden’s reelection or broader Democratic success next year. And Ohio Democrats don't expect Biden to compete in the state next year. To Biden aides, the results validated the strategy of sharpening the contrast with “MAGA Republicans” that helped Democrats outperform expectations in 2022. At the Chicago fundraiser, Biden noted that Beshear won reelection while “running on all the programs that were Biden initiatives.”Beshear kept some distance from Biden the day after he won. Jim Messina, who managed Barack Obama’s successful reelection against Republican Mitt Romney in 2012, said the Biden campaign does not need to change its tactics.

Persons: Joe Biden, Biden, romped, Donald Trump, Republican overreach, ”, Nina Turner, Sen, Bernie Sanders, Turner, John Yarmuth, he's, “, ” Yarmuth, Yarmuth, Biden’s, “ We’ve, ” Julie Chavez Rodriguez, they’re, “ MAGA, “ MAGA Republicans ”, Tuesday's, Andy Beshear, Daniel Cameron, Cameron, Cameron's, Beshear, ” Beshear, it’s, Dan McCaffery, Glenn Youngkin, Jim Messina, Barack Obama’s, Republican Mitt Romney, Obama, ” Messina, Nikki Haley, Romney, Messina, “ you’re, Ro Khanna, Bernie Sanders ’, ” Khanna, Ed Rendell, Rendell, ” Rendell, Zeke Miller, Emily Swanson, Bruce Schreiner Organizations: WASHINGTON, Associated Press, Democratic, Republican, Biden, Trump, “ MAGA Republicans, White, Chicago, Virginia, statehouse, Republican Gov, ” Locations: Chicago, Kentucky , Virginia , Ohio, Pennsylvania, Ohio, an Ohio, Ky, Kentucky, Kentucky’s, ”, Washington, Frankfort , Kentucky

☆ The campaign manager for Obama's 2012 reelection bid has some advice for Democrats worried about Biden's polling woes
▼ + stars: | 2023-11-13 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Messina wrote that Obama faced similar political headwinds in 2011, a year before he was reelected. For much of the year, both Biden and Trump have either been tied, or one candidate has had a nominal lead. But Jim Messina — who in 2012 managed then-President Barack Obama's successful reelection bid — has a message for Democrats worried about Biden's current standing: "Don't panic." "A year before a presidential election, it is just too early to get an accurate read on how the people will actually vote," Messina wrote. AdvertisementAdvertisement"The Biden campaign knows that there are just seven battleground states this time, with a few paths to victory," he wrote.

Persons: Jim Messina, Obama's, it's, Messina, Obama, —, Joe Biden's, Donald Trump, Trump, Biden, Jim Messina —, Barack Obama's, Republican Mitt Romney Organizations: Democratic, Service, Biden, Trump, New York Times, Politico, White House, GOP House, Democratic Senate, Party, Republican, North Carolina Locations: Arizona , Nevada, Georgia, Siena, Washington, Messina, Michigan , Pennsylvania, Wisconsin

☆ Intesa Sanpaolo gives clients more time to opt out of digital shift
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

Intesa Sanpaolo bank logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsROME, Nov 13 (Reuters) - Italy's biggest bank Intesa Sanpaolo (ISP.MI) reopened the deadline for thousands of its customers to opt out of switching to its digital lender Isybank, a document showed, following protests from consumer associations and ruling lawmakers. The complaints prompted Italy's central bank as well as the antitrust authority to look into the way the lender was shifting the clients to the app-based unit. In a note sent to customers on Monday and seen by Reuters, the bank wrote that anyone wanting to remain with Intesa Sanpaolo had until the end of February to say so. The competition watchdog took aim at how Intesa informed account holders of the move, adding it had received more than 2,000 complaints.

Persons: Dado Ruvic, Intesa Sanpaolo, Intesa, Paolo, Letizia, Giorgia Meloni, Carlo Messina's, Giuseppe Fonte, Keith Weir Organizations: REUTERS, Rights, Reuters, Brothers, Thomson Locations: Italy

☆ The night train revolution has been hailed as an alternative to airplanes. Here’s how that’s going
▼ + stars: | 2023-11-12 | by ( Ben Jones | ) edition.cnn.com time to read: +13 min

Wherever they run, night trains are complicated, labor intensive and expensive to operate – one of the major reasons they went into decline in the first place. The $770 million contract could eventually see up to 370 new overnight carriages introduced to update Italy’s entire overnight train fleet. “Politicians must be clear: the night train market will be effectively closed for a very long time,” he says. So, what does all this mean for the much-vaunted night train revolution? With the honorable exception of government-subsidized Nightjet, which plans to expand rapidly over the next five years, European night train services have yet to match the hype.

Persons: Love, James Brown, David Bowie, Ray Charles, –, they’ve, Charisius, Agatha Christie, James Bond, Mark Smith, ”, “, ÖBB, “ Superliner, Kuleshova, Smith, it’s, Alex Halada, Nick Brooks Organizations: CNN, Orient Express, Austrian Federal Railways, Swiss Federal Railways, Deutsche Bahn, Italian State Railways, Amtrak, California Zephyr, European, Bloomberg, Getty, Regiojet, Compagnie Internationale des, VIA Rail, European Union, Frankfurt, Eurostar, EU Rail, EU Locations: Europe, Russia, Scandinavia, Vienna, Hamburg, Germany, Austria, Italy, Hungary, Poland, Czech Republic, Paris, Brussels, Amsterdam, France, Sweden, Milan, Sicily, Messina, Europe’s, United States, Berlin, Stockholm, Denmark, Czech, Prague, Croatia’s, London, Dresden, Copenhagen, Barcelona, Spain, Venice, Florence, Rome, Madrid, Porto, Portugal, Edinburgh, Zurich, AFP, EU

☆ Elections Are a Respite for Biden, but Show the Disparity Between Him and Party
▼ + stars: | 2023-11-08 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +1 min

Several aides said privately that the mood in the West Wing was upbeat and they expressed a sense of validation that their theory of the case was still valid. Coming after the survey by The New York Times and Siena College, which found Mr. Biden losing to former President Donald J. Trump in five swing states that Mr. Biden won in 2020, the off-year elections were well timed. The results, Biden advisers stressed, reaffirmed that Democrats have outperformed in every election since the Supreme Court’s decision overturning a constitutional right to abortion. It is also true that Mr. Beshear spent much of the campaign distancing himself from Mr. Biden. But Biden advisers noted that two-thirds of the 23 Democratic candidates for the state legislature in Virginia endorsed by the president and Vice President Kamala Harris won.

Persons: Biden, Donald J, Trump, Mr, ”, Beshear’s, Daniel Cameron, Beshear, Kamala Harris, Joe Biden, ” Jim Messina, Barack Obama’s Organizations: The New York Times, Siena College, Republican, Democratic Locations: Virginia

☆ In Italy, banks and the government have a 'common target,' says Intesa Sanpaolo CEO
▼ + stars: | 2023-11-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIn Italy, banks and the government have a 'common target,' says Intesa Sanpaolo CEOCarlo Messina, CEO of Intesa Sanpaolo, discusses his macro outlook after third-quarter earnings.

Persons: Intesa, Carlo Messina, Intesa Sanpaolo Locations: Italy

☆ Europe needs bigger banks but mergers hard without banking union -Intesa CEO
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +2 min

MILAN, Nov 6 (Reuters) - European banks need to join forces if the region is to withstand competition from the United States and China but without a banking union, cross-border mergers do not make sense, the head of Italy's biggest bank Intesa Sanpaolo (ISP.MI) said on Monday. "You need synergies and the area where investors are looking for synergies is cost," he said, adding it was not easy "to deliver real cross-border synergies on the cost side". "I think we'll need to wait for a banking union to see real, significant cross-border consolidation. Orcel last month said Europe was destined to "irrelevance" if it did not work to unify its capital markets and create a banking union that allowed lenders to compete with U.S. rivals and adequately finance the region's economy. Intesa has a 30% market share of deposits and mutual funds, and 20% of insurance products, the CEO said.

Persons: Carlo Messina, Andrea Orcel, Messina, Intesa, Andrea Enria, Valentina Za, Kirsten Donovan Organizations: MILAN, CNBC, U.S, Central Bank's, Thomson Locations: United States, China, Europe, Orcel, Messina, Italy

☆ Italy's antitrust probes Intesa's customer shift to mobile service Isybank
▼ + stars: | 2023-11-02 | by ( Giulia Segreti | ) www.reuters.com time to read: +2 min

Intesa Sanpaolo bank logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCompanies Intesa Sanpaolo SpA FollowROME, Nov 2 (Reuters) - Italy's antitrust authority said on Thursday it had opened a probe into the transfer of thousands of Intesa Sanpaolo (ISP.MI) customers to the bank's mobile-only service Isybank. After launching Isybank in June, Intesa at the beginning of October started moving about 300,000 customers from its traditional network. The antitrust also said that the shift to Isybank carried with it "important changes" to the terms and conditions of the accounts. Intesa told a presentation in June that it would over time increase the number of services Isybank users can access on their accounts.

Persons: Dado Ruvic, Intesa, Giorgia Meloni, Carlo Messina's, Giulia Segreti, Valentina Za Organizations: REUTERS, Intesa, ROME, Treasury, Thomson Locations: Italy's

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