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IntesaSanpaolo

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Profit at Italy's BPER falls less than expected as loan writedowns shrink

MILAN, May 9 (Reuters) - Italy's fifth-largest lender BPER Banca EMII.MI on Monday reported a smaller-than-expected drop in first quarter profit helped by higher revenues and lower loan writedowns. BPER has minimal exposure to Russia, unlike larger peers UniCredit CRDI.MI and Intesa Sanpaolo ISP.MI which had to book large provisions against loan lo
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Italy's Intesa cuts 2022 profit goal after Russia hit

* Books 800 mln euro in provisions on Russia * Lowers full-year profit goal by 1 bln euros * Awaiting ECB approval of 3.4 bln euro share buyback * Trading gains drive Q1 profit above consensus By Valentina Za MILAN, May 6 (Reuters) - Italy's biggest bank Intesa Sanpaolo ISP.MI on Friday cut its profit guidance for the year after setting aside 800 m
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Credit Agricole tells Rome no plans to win control of Banco sources

* Credit Agricole became leading investor in country's No.3 bank * Move has stoked speculation of full takeover * Rome would look with concern at such an option, source says By Giuseppe Fonte and Valentina Za ROME, April 13 (Reuters) - Credit Agricole CAGR.PA has told Italy's Treasury it has no plans to take control of Banco BPM BAMI.MI , two sourc
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Italy expects to sell Monte dei Paschi after restructuring

(Updates with quotes, detail, background) By Giuseppe Fonte and Valentina Za ROME, March 28 (Reuters) - Rome expects to return Monte dei Paschi di Siena BMPS.MI into private hands only after the bailed-out lender completes restructuring steps it is currently discussing with European Union authorities, Italy's economy minister said on Monday. Under
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Italy sells 5 bln euros of new floating rate bond, orders over 10.7 bln - lead

MILAN, March 23 (Reuters) - Italy raised 5 billion euros ($5.49 billion) from a new eight-year-long floating-rate bond launched on Wednesday, with final orders over 10.7 billion euros, a lead manager told Reuters. In a busy week for euro zone debt issuance, Rome profited of relatively calmer markets after Russia's invasion of Ukraine started one mo
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