Chief Financial Correspondent, Italy, Milan
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Apr 16, 2014
Apr 16, 2014
Apr 16, 2014

Wind of change starts blowing at Italian companies

MILAN, April 16 (Reuters) – Eager to attract foreign
investors as it slowly emerges from its longest recession in 70
years, cash-strapped Italy Inc. is taking the first steps to end
decades of opaque management and shoddy governance.

Drastic overhauls this week at big state-controlled
companies such as Eni and Enel are just the
latest of a series of changes – some induced by lawmakers, some
by investors – that are gradually transforming the way Italian
corporations function.

Apr 15, 2014

Italy’s Monte dei Paschi considers bigger cash call

MILAN/ROME (Reuters) – Italy’s Banca Monte dei Paschi di Siena (BMPS.MI: Quote, Profile, Research, Stock Buzz) is considering increasing the size of its planned share sale to help it pass a euro-zone wide bank health check and repay state aid this year.

Late on Monday, Italian news agency ANSA said Italy’s third-largest lender was looking to tap investors for up to 5 billion euros ($6.9 billion), more than the 3 billion planned.

Apr 15, 2014
Apr 15, 2014
Apr 15, 2014
Apr 15, 2014
Apr 15, 2014
Apr 14, 2014
    • About Lisa

      "I have been a correspondent for 13 years, reporting on banks, financial regulation and EU politics from London, Brussels, Zurich and Milan. I have also written about a variety of business sectors, general news, the arts and sport. As Chief Financial Correspondent for Italy, I keep a close eye on top Italian business stories, particularly Fiat and banking."
      Hometown:
      Milan
      Joined Reuters:
      1998
      Languages:
      English, Italian, French, German, Dutch, Spanish
      Awards:
      2010 Reuters Star Performer Award
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