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Insight: Mid-sized Italian banks face big bang for want of bucks
ReutersGENOA, Italy (Reuters) - A deepening recession and banking stress tests could find Italy's mid-sized lenders short of billions of euros, putting the state on the hook for a new wave of cash calls and triggering an overhaul of how they do business. Even...Tags: Central Bank, European Central Bank
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Vatican Bank to publish its accounts, launch website
Reuters* Trying to shed reputation as world's most secretive bank * Bank will hire international auditing firm By Philip Pullella VATICAN CITY, May 16 (Reuters) - The Vatican Bank, a centre of scandals for decades, is to launch its own website and publish its...Tags: Christianity, Radio, Roman Catholicism, Francis I, Religion and Belief
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Europe banks hesitate to join rush for new share capital
ReutersLONDON (Reuters) - A wave of investor demand that has allowed Deutsche Bank and two other lenders to raise six billion euros ($7.7 billion)in new share capital in the past month is unlikely to prompt other European banks to go to their shareholders for...Tags: Deutsche Bank AG, Politics, Central Bank, France, Lehman Brothers Holdings Inc.
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Eurozone recession continues
WASHINGTON — Europe's recession stretched into the first three months of the year, making it the single-currency region's longest downturn and raising concerns about its effect on the U.S. recovery. The 17-nation Eurozone economy contracted 0.2%...Tags: European Central Bank, Labor Markets, Morgan Stanley Dean Witter & Company, European Union, Finance
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US high-grade bond market tone subdued after Merck jumbo trade
ReutersBy John Balassi NEW YORK, May 16 (IFR) - Market tone is relatively muted early on Thursday, despite the surprisingly better-than-expected first quarter GDP print from Japan that showed that the governments new inflation policies are beginning to kick in....Tags: Bonds, JPMorgan Chase & Co., HSBC Holdings plc, European Debt Crisis, Politics
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Vatican Bank to publish yearly report, launch website
ReutersVATICAN CITY (Reuters) - The Vatican Bank, a center of scandals for decades, is to launch its own website and publish its annual report in an effort to increase transparency, its new president said. Ernst von Freyberg told the bank's employees of the...Tags: Christianity, Radio, Roman Catholicism, Organized Crime, Francis I
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Germany without key Bayern, Dortmund players on U.S. tour
ReutersBERLIN (Reuters) - Germany will embark on their brief United States tour at the end of the month without any of the big names from Champions League finalists Bayern Munich and Borussia Dortmund, coach Joachim Loew said on Thursday With the German...Tags: Germany
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Merkel ally wants no ECB purchases of Italian debt: newspaper
ReutersBERLIN (Reuters) - The European Central Bank should stop buying Italian government debt if Italy failed to meet its debt reduction requirements, a senior ally of German Chancellor Angela Merkel said in a newspaper interview published on Thursday. The ECB...Tags: European Debt Crisis, Germany, European Central Bank, Angela Merkel, Newspaper and Magazine
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From "bunga bunga" to "pianists" - Italy's political slang
Reuters* Argot key to understanding complex world * Book spans 'bunga bunga' to 'inciucio' and 'Grillini' By Naomi O'Leary ROME, May 16 (Reuters) - An encyclopaedia of Italian political slang has shone a light on a colourful and Byzantine world where...Tags: Politics, Slang, Parliament, Finance, Elections
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Cycling-Road-Giro d'Italia stage 12 results
ReutersMay 16 (Infostrada Sports) - Results from Giro d'Italia (Longarone - Treviso, 134 km) on Thursday 1. Mark Cavendish (Britain / Omega Pharma - Quick-Step) 3:01:47" 2. Nacer Bouhanni (France / FDJ) ST 3. Luka Mezgec (Slovenia / Argos) 4. Giacomo Nizzolo...Tags: Brazil, Elia Viviani, Slovenia, Belgium, Garmin Ltd.
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Cycling-Road-Giro d'Italia classification after stage 12
ReutersMay 16 (Infostrada Sports) - Classification from Giro d'Italia after Stage 12 on Thursday 1. Vincenzo Nibali (Italy / Astana) 46:28:14" 2. Cadel Evans (Australia / BMC Racing) +41" 3. Rigoberto Uran (Colombia / Team Sky) +2:04" 4. Robert Gesink...Tags: Cadel Evans, Robert Gesink, Michele Scarponi, Rigoberto Uran, Giro d'Italia
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