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Top related persons:
Valentina Za - 2 Alessandro Garofalo - 1 MILAN - 1 Andrea Mandalà - 1 Intesa - 1 Siena - 1 Angelo Amante - 1
Top related locs:
Milan Italy
Top related orgs:
Banca Popolare - 2 Thomson - 2 REUTERS - 1 Banco - 1 Wednesday - 1 BPER Banca - 1

Search resuls for: "Banca Popolare"


4 mentions found


☆ Italy's Banco BPM lifts 2023 profit goal after solid quarter
  + stars: | 2023-08-02 | by ( ) www.reuters.com   time to read: +1 min
A woman walks in front of the Banca Popolare di Milano (BPM) bank in downtown Milan, Italy, January 29, 2016. REUTERS/Alessandro Garofalo/File PhotoMILAN, Aug 2 (Reuters) - Italian bank Banco BPM (BAMI.MI) on Wednesday joined bigger peers in lifting its 2023 net profit goal - the third such upgrade in as many consecutive quarters - as the sector reaps the benefits of higher interest rates. Italy's third-largest bank said it now expects a full-year net profit of at least of 1.2 billion euros, or 80 euro cents per share up from a previous 75 euro cents per share. Banco BPM said net profit for April-June came in at 359 million euros, above a 335 million analyst consensus compiled by Reuters. The bank said it would update its shareholder reward targets when it presents a new business plan by the end of December.
Persons: Alessandro Garofalo, MILAN, Andrea Mandalà, Valentina Za Organizations: Banca Popolare, REUTERS, Banco, Wednesday, Reuters, Thomson Locations: Milan, Italy
☆ Russian hackers crash Italian bank websites - cyber agency
  + stars: | 2023-08-01 | by ( ) www.reuters.com   time to read: +1 min
ROME, Aug 1 (Reuters) - Italy's cyber security agency on Tuesday said it had detected hacker attacks against websites of at least five banks, which temporarily made it impossible to access some of their services. A spokesperson for the agency told Reuters that targeted banks included Intesa Sanpaolo (ISP.MI), Monte dei Paschi di Siena (BMPS.MI) and BPER Banca (EMII.MI), along with FinecoBank (FBK.MI) and Banca Popolare di Sondrio (BPSI.MI). The agency "identified the reactivation of Distributed Denial of Service (DDoS) attack campaigns by pro-Russian ... groups against national institutional subjects," a statement said. In DDoS attacks, hackers attempt to flood a network with unusually high volumes of data traffic in order to paralyse it. The agency said it provided swift assistance to the firms targeted by attacks from activists in the Noname057(16) group in order to mitigate any impact.
Persons: Intesa, Siena, Angelo Amante, Valentina Za Organizations: Reuters, BPER Banca, Banca Popolare, Thomson
☆ Italian investor in UniCredit, Banco BPM sees 'strategic value' in deal
  + stars: | 2023-04-19 | by ( Valentina Za | ) www.reuters.com   time to read: +2 min
Italy's No.2 bank UniCredit was preparing an offer for number three Banco BPM in 2022, before the Ukraine conflict forced CEO Andrea Orcel to focus on its Russia exposure. Orcel had looked to move on Banco BPM soon after becoming UniCredit CEO two years ago, but instead entered talks with the government over a possible Monte dei Paschi (BMPS.MI) acquisition that eventually fell through. Fondazione CRT holds 1.9% of UniCredit and 1.8% of Banco BPM. Twenty years later that gap is still there so the strategic value of the deal remains". Born from the merger of BPM with Verona-based Banco Popolare, Banco BPM controls 12% of Lombardy's banking market, twice UniCredit's market share.
☆ Hiding in plain sight: artefacts seized from display in Italian bank
  + stars: | 2022-11-25 | by ( Federico Maccioni | ) www.reuters.com   time to read: +1 min
[1/4] A handout photo shows part of an archaeological collection seized by Italian authorities after being illegally showcased inside a meeting hall of an Italian bank's headquarters in Bari, Italy, in this handout photo obtained by Reuters on November 25, 2022. Carabinieri/Handout via REUTERSMILAN, Nov 25 (Reuters) - Italian authorities have seized a valuable archaeological collection that had been on display in a meeting hall in the headquarters of an Italian regional bank, police said in a statement on Friday. The 103 ceramic artefacts, including vases, plates and jugs, date back to between the 5th century B.C. Popolare di Bari, the biggest bank in Italy's disadvantaged south, was bailed out by peers in a government-backed rescue in 2019. ($1 = 0.9649 euros)Reporting by Federico Maccioni and Alvise Armellini, editing by Keith WeirOur Standards: The Thomson Reuters Trust Principles.
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