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Loud rumour speak

5 January 2009 By Rachel Sanderson

Italians have been roused from the last of their holidays by an unsourced report predicting a merger between the country s second largest bank and its most powerful advisory boutique. The putative deal makes little sense.

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Profumo's progress

10 May 2007 By Mike Verdin

A multitude of factors have conspired to prevent a merger of the two Italian banks in the past. Now, politicians will probably bless a deal. Meanwhile, feuding between Capitalia’s bosses and turmoil at ABN, its largest shareholder, make it vulnerable.

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