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billion-pounds

Italy court says no proof of wrongdoing in UniCredit mafia probe

November 1, 2015 by · Leave a Comment 

An Italian court said on Saturday there was no proof to back up allegations that three executives at Italian lender UniCredit had helped a businessman who prosecutors claimed had links to the Sicilian mafia, according to a court document. Fabrizio Palenzona, Unicredit…

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Italy court says no proof of wrongdoing in UniCredit mafia probe

billion-pounds

ECB reveals capital hole in Greek banks as unpaid loans soar

November 1, 2015 by · Leave a Comment 

By John O'Donnell and Francesco Canepa FRANKFURT (Reuters) – Greece's banks need to raise more than 14 billion euros (10 billion pounds) of extra capital to cover mounting unpaid loans, the European Central Bank said on Saturday as it announced …

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ECB reveals capital hole in Greek banks as unpaid loans soar