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Bancopoli
"Bancopoli" was the name coined by the Italian press for the finance and banking scandals between July 2005 and January 2006. The Italian Banca Popolare Italiana (BPI), in competition with Holland's ABN AMRO for control of Banca Antonveneta, was given an unfair advantage by Banca d'Italia's (Italy's central bank) president, Antonio Fazio. Fazio was forced to resign and BPI Managing Director, Gianpiero Fiorani, was arrested on a number of charges in connection with the attempted takeover, having been accused of using illegal procedures. Giovanni Consorte, head of the Italian insurance company Unipol, was also forced to resign due to implications that he was connected with the Antonveneta scheme and another attempted takeover of the Italian Banca Nazionale del Lavoro (BNL). Ultimately, ABN AMRO gained control of Antonveneta and the French BNP Paribas attained control of BNL. Italian and foreign interest in Antonveneta and BNL Antonveneta During the summer of 2004, ABN AMRO ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gianpiero Fiorani
Gianpiero Fiorani (Codogno, September 12, 1959), is an Italian banker and manager who was implicated in the Italian banking scandal of 2005 known as "''Bancopoli''". Biography With a degree in political sciences, Fiorani was the manager of the bank Banca Popolare Italiana (formerly Banca Popolare di Lodi). In the summer of 2005, this bank was investigated over the Bancopoli scandal, and then by magistrates (GIP) in Rome and Milan. Fiorani is considered one of the " furbetti del quartierino" (smartasses of the 'hood). In December 2005, after the conclusion of this investigation, Gianpiero Fiorani was arrested. He regained his freedom on June 13, 2006 because of a general parliamentary pardon by a speedy bipartisan initiative of both chambers in the Italian parliament. He spent months trying to clear himself of the charges. 68.4% of the shareholders of the bank where he was the chief executive officer ("''amministratore delegato''"), voted to sue him in a class action. Misman ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Monte Dei Paschi Di Siena
Banca Monte dei Paschi di Siena S.p.A. (), known as BMPS or just MPS, is an Italian bank. Tracing its history to a mount of piety founded in 1472 () and established in its present form in 1624 (), it is the world's oldest or second oldest bank, depending on the definition, and the fifth largest Italian commercial and retail bank. In 1995, the bank (then known as Monte dei Paschi di Siena) was transformed from a statutory corporation to a limited company called Banca Monte dei Paschi di Siena (Banca MPS). The Fondazione Monte dei Paschi di Siena was created to continue the charitable functions of the bank and to be, until the bailout in 2013, its largest single shareholder. According to research by Mediobanca and a press release issued by Banco BPM, Banco BPM overtook BMPS as the third largest commercial banking group in Italy (in terms of total assets) on 31 December 2016, after Banco BPM's formal formation on 1 January 2017. In 2016–17, BMPS was struggling to avoid a collap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Nazionale Del Lavoro
Banca Nazionale del Lavoro S.p.A. (BNL) is an Italian bank headquartered in Rome. It is Italy's sixth largest bank and has been a subsidiary of BNP Paribas since 2006. History Founded in 1913 as Istituto Nazionale di Credito per la Cooperazione, it was nationalized in 1929. It was re-privatized and listed on the Milan Stock Exchange in 1998, before being acquired by French banking group BNP Paribas in 2006. Banca Nazionale del Lavoro began Argentine operations in 1960, ultimately opening 91 branches, before selling its operation there to HSBC Bank Argentina in 2006. In 2016 the company opened a contemporary all glass building for their headquarter: BNL BNP Paribas headquarters. Scandals The bank was involved in a major political scandal (dubbed Iraqgate by the media) when it was revealed in 1989 that the Atlanta, Georgia, branch of the bank was making unauthorized loans of more than US$4.5 billion to Iraq. Many of the loans that the branch made were guaranteed by the Un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Popolare Di Lodi
Banca Popolare di Lodi was an Italian cooperative bank based in Lodi, Lombardy. The bank was absorbed into parent company Banco Popolare in 2011. However, the bank still operates as a division and a brand of the group. History Banca Popolare di Lodi was found in 1864. In the 1990s it became Banca Popolare di Lodi S.c.r.l., also known as Bipielle Group (sound likes BPL). Alliances The bank was a member of an alliance ARCA, which consist of Banca Antoniana, Banca Popolare Commercio e Industria, Banca Popolare di Crema, Banca Popolare di Cremona, Banca Popolare di Lodi and Banca Popolare Veneta. ARCA joined with "North East Group", which consist of Banca Agricola Mantovana, Banca Popolare di Bergamo, Banca Popolare dell'Emilia, Banca Popolare di Sondrio, Banca Popolare di Verona and Banca Popolare Vicentina in 1989. BPL eventually acquired two of the banks of ARCA: BP Crema and Cremona; while Banca Popolare Veneta and Banca Antoniana merged to form Banca Antonveneta. Acquisi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Antonveneta
Banca Antonveneta S.p.A. was an Italian bank based in Padua, Italy. The bank was absorbed into Banca Monte dei Paschi di Siena in 2013. In 2008, it was the 9th largest banking group in Italy in terms of customer loans and the 8th largest in terms of total assets, with 1,000 branches, 10,800 employees and €50bn in assets. The bank only operates in the fragmented Italian market, where it has a market share of roughly 3%, as the 6th largest bank at that time. More precisely, the bank had 8% market share in Veneto, 7% in Friuli, 6% in Sicily and 3% in both Lazio and Emilia Romagna. It has a focus on the wealthy Northeast of the country with 6% market share and 600 branches. Eighty-six percent of its clients are retail clients, accounting for 58% of assets, most of which are owned by affluent and private clients, 12% corporate, accounting for 42% of assets, and 2% institutional. History Banca Antoniana Popolare Veneta was created by the merger in 1996 of two banks, Banca Antoniana ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca D'Italia
The Bank of Italy (Italian: ''Banca d'Italia'', informally referred to as ''Bankitalia''), (), is the central bank of Italy and part of the European System of Central Banks. It is located in Palazzo Koch, via Nazionale, Rome. The bank's current governor is Ignazio Visco, who took the office on 1 November 2011. Functions After the charge of monetary and exchange rate policies was shifted in 1998 to the European Central Bank, within the European institutional framework, the bank implements the decisions, issues euro banknotes and withdraws and destroys worn pieces. The main function has thus become banking and financial supervision. The objective is to ensure the stability and efficiency of the system and compliance with rules and regulations; the bank pursues it through secondary legislation, controls and cooperation with governmental authorities. Following a reform in 2005, which was prompted by takeover scandals, the bank has lost exclusive antitrust authority in the credit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mediaset
Mediaset Italia S.p.A., also known as Mediaset, is an Italian-based mass media company which is the largest commercial broadcaster in the country. The company is controlled by the holding company MFE - MediaForEurope. Founded in 1987 by former Italian prime minister Silvio Berlusconi, the group competes primarily against the public broadcaster RAI, the privately owned La7 and (through Sky Group Limited) Comcast's Sky Italia. Mediaset's headquarters are in Milan, Lombardy. Many of its studios are located in the Milano 2 area of Segrate, a municipality bordering Milan, where broadcasts of local station TeleMilano (now airing nationally as Mediaset's Canale 5) began in 1978. After merging with various local broadcaster to form the Canale 5 syndication, much production was moved to Cologno Monzese, where the infrastructure of the former Telealtomilanese was present. The company currently has three main television production centres, in Milan (Segrate, Cologno Monzese) and Rome. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fininvest
Finanziaria d'investimento Fininvest S.p.A., known as Fininvest S.p.A., is an Italian holding company controlled by the Berlusconi family and managed by Silvio Berlusconi's eldest daughter Marina Berlusconi. Structure The Fininvest group is composed of a number of companies, such as Arnoldo Mondadori Editore (one of Italy's leading publishing companies), Teatro Manzoni (a theatre in Milan), Alba Servizi Aerotrasporti (a private jet company) and Fininvest Gestione Servizi. Fininvest is the largest shareholder of MFE - MediaForEurope, which is currently the biggest private entertainment competitor in Italy, owning three channels in Italy (Canale 5, Italia 1, Rete 4), two in Spain, the film production company Medusa Film, a digital TV broadcasting network, and many other companies related to TV broadcasting. The deal to sell Mediaset Premium collapsed in 2016. Fininvest's voting rights on Mediolanum S.p.A. was capped at 9.9999% by Italian Insurance Supervisory Authority despite ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telecom Italia
Gruppo TIM, legally TIM S.p.A. (formerly Telecom Italia S.p.A.), also known as the TIM Group in English, is an Italian telecommunications company with headquarters in Rome, Milan, and Naples, (with the Telecom Italia Tower) which provides fixed telephony and DSL data services. It is the largest Italian telecommunications services provider in revenues and subscribers. It was founded in 1994 by the merger of several state-owned telecommunications companies, the most prominent of which was Società Italiana per l'Esercizio Telefonico p.A., (known as ''SIP''), the former state monopoly telephone operator in Italy. The company's stock is traded in the Borsa Italiana. Since 2017, the Italian State exercises on TIM the "Golden Power", which allows the government to take a number of actions when the strategic interests of the country are concerned. History 1925–1964: Stipel and early mandatory phone tax In 1925, the phone network was reorganised by the Benito Mussolini cabinet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roberto Colaninno
The name Robert is an ancient Germanic given name, from Proto-Germanic "fame" and "bright" (''Hrōþiberhtaz''). Compare Old Dutch ''Robrecht'' and Old High German ''Hrodebert'' (a compound of '' Hruod'' ( non, Hróðr) "fame, glory, honour, praise, renown" and ''berht'' "bright, light, shining"). It is the second most frequently used given name of ancient Germanic origin. It is also in use as a surname. Another commonly used form of the name is Rupert. After becoming widely used in Continental Europe it entered England in its Old French form ''Robert'', where an Old English cognate form (''Hrēodbēorht'', ''Hrodberht'', ''Hrēodbēorð'', ''Hrœdbœrð'', ''Hrœdberð'', ''Hrōðberχtŕ'') had existed before the Norman Conquest. The feminine version is Roberta. The Italian, Portuguese, and Spanish form is Roberto. Robert is also a common name in many Germanic languages, including English, German, Dutch, Norwegian, Swedish, Scots, Danish, and Icelandic. It can be use ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Freedom Of Press In Italy
In Italy, freedom of press is guaranteed by the Constitution of 1948. This freedom was specifically established in response to the Censorship in Italy which occurred during the fascist regime of Benito Mussolini (1922–1945). Censorship continues to be an issue of debate in the modern era. Censorship in Italy under Fascism (1922–1943) Censorship in Italy was not created with Fascism, nor did it end with it, but it had a heavy influence in the life of Italians under the Regime. The main goals of censorship under fascism were, concisely: *Control over the public appearance of the regime, also obtained with the deletion of any content that could allow opposition, suspicions, or doubts about fascism. *Constant check of the public opinion as a measure of consensus. *Creation of national and local archives (''schedatura'') in which each citizen was filed and classified depending on their ideas, habits, relationship and any shameful acts or situations which had arisen; in this way ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Olivetti
Olivetti S.p.A. is an Italian manufacturer of computers, tablets, smartphones, printers and other such business products as calculators and fax machines. Headquartered in Ivrea, in the Metropolitan City of Turin, the company has been part of the TIM Group since 2003. One of the first commercial programmable desktop calculators, the Programma 101, was produced by Olivetti in 1964 and was a commercial success. History Founding The company was founded as a typewriter manufacturer by Camillo Olivetti in 1908 in the Turin commune of Ivrea, Italy. The firm was mainly developed by his son Adriano Olivetti, whose utopian vision led not only the company's worldwide expansion and commercial sucess, but also influenced business practice, politics, and culture. Olivetti opened its first overseas manufacturing plant in 1930, and its Divisumma electric calculator was launched in 1948. Olivetti produced Italy's first electronic computer, the transistorised Elea 9003, in 1959, and p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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