MILAN AFP — The Italian bank Antonveneta has denied that its Dutch parent company, ABN Amro, is interested in gaining control of Banca Monte dei Paschi di Siena MPS -- the fifth largest Italian bank. Banca Antonveneta president Augusto Fantozzi had been quoted earlier by Italian news agencies as saying...
MILAN AFP — Alitalia said Friday that it has asked to be declared bankrupt and placed under special administration, the first step in a rescue plan that will see the struggling Italian flag carrier relaunched. The airline said in a statement it had submitted a declaration of bankruptcy to...
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