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FILE PHOTO: A man walks in front of the Monte dei Paschi bank in Siena, central Italy, January 29, 2016. Italy’s Treasury and Bank of America declined to comment, while Orrick was not immediately available. Rome is expected to pay about 150,000 euros in financial and legal fees, with the lion’s share going to Bank of America, the sources said. Rome has set aside 1.5 billion euros to shore up MPS but the bank faces a shortfall of at least 2 billion, sources have said. In the case of MPS, that entails a 3 billion euro earnings boost, sources have said.
Persons: Max Rossi, Giorgio Cocini, Patrizio Messina, Marco Nicolini, Orrick, Jean Pierre Mustier, Organizations: Treasury, of America, REUTERS, Bank, America’s, Bank of America, UBI Banca, MPS, Banco Locations: MILAN, dei, Siena, Italy, Tuscany, Rome
Italy extends lockdowns to more regions, tightens curbs
  + stars: | 2020-11-14 | by ( ) www.cnbc.com sentiment -1.00   time to read: +2 min
Looking to limit the spread, the government last week created a three-tier system, with varying degrees of curbs in each area, initially placing four regions in a red zone, two in an orange zone and the rest in a moderate-risk yellow zone. Tuscany and Campania will be added on Sunday to the red list, joining the wealthy northern regions of Lombardy, Piedmont and Valle D'Aosta, the province of Bolzano and Calabria in the toe of Italy. People living in these areas are only allowed to leave their homes for work, health reasons or emergencies. Nine regions will now sit in the intermediary orange zone - Emilia-Romagna, Friuli, Marche, Abruzzo, Basilicata, Liguria, Puglia, Sicily and Umbria. Just five remain in the yellow zone, including Lazio, centered on Rome, and Veneto.
Persons: Valle D'Aosta, Enrico Storti Organizations: Reuters Locations: Tuscany, Campania, Italy, Lombardy, Piedmont, Valle, Bolzano, Calabria, Emilia, Romagna, Friuli, Marche, Abruzzo, Basilicata, Liguria, Puglia, Sicily, Umbria, Lazio, Rome, Veneto, Lodi
Coronavirus Live Updates: U.S. Cases Above 100,000 for Seventh Day in a Row
  + stars: | 2020-11-10 | by ( ) www.wsj.com + 0.00   time to read: +4 min
Teachers also say parents don’t always report new cases of infection at home to their children’s schools. This was slightly down on the 15,352 cases recorded the previous Monday, the first decline in weeks. In the U.K., 22,786 cases were recorded daily on average over the seven days to Monday, just 0.2% higher than a week earlier. The seven-day average number of cases through Friday—the most recent day for which data are available—fell by almost half, and remained well below the 14-day average, which also dipped slightly. It has seen a total of 1.8 million cases, of which 481,000 occurred in Moscow, and more than 31,000 deaths.
Persons: Guislaine David, don’t, Robert Koch, Hospitalizations, Boris Johnson, , hospitalizations Organizations: Covid, Robert Koch Institut Locations: France, Italy, Lombardy, Tuscany, Germany, England, Netherlands, Russia, Moscow
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