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  1. ECB's Draghi says in favour of Italy cooperative bank reform

    Headlines

    Thu, 26 Mar 2015

    ROME, March 26 (Reuters) - European Central Bank President Mario Draghi said he supported Italy's law that will convert the country's 10 largest cooperative banks into joint stock companies.

  2. Popolare Vicenza targets 2017 net profit of 201 mln euros

    Headlines

    Wed, 25 Mar 2015

    MILAN, March 25 (Reuters) - Unlisted Italian cooperative bank Banca Popolare di Vicenza said on Wednesday it targeted a net income of 201 million euros in 2017 under a new three-year plan which envisaged digital investments and bet on solid fees growth.

  3. ECB taking closer look at savings and coop banks -body

    Headlines

    Tue, 24 Mar 2015

    FRANKFURT, March 24 (Reuters) - The European Central Bank is taking a closer look at cooperative and public sector banks in Germany and other countries, after taking over supervision of Europe's biggest lenders last year, cooperative bank trade body BVR said on Tuesday.

  4. Italy Senate gives final approval to cooperative bank reform

    Headlines

    Tue, 24 Mar 2015

    ROME, March 24 (Reuters) - Italy's upper house of parliament on Tuesday approved a reform that aims to convert the country's 10 largest cooperative banks into joint stock companies, a measure that is expected to spur mergers in the sector.

  5. German coop banks see opportunity in rivals' cost cuts

    Headlines

    Tue, 24 Mar 2015

    FRANKFURT, March 24 (Reuters) - Germany's network of cooperative banks stands to make gains from competitors' efforts to cut costs by closing branches, cooperative bank trade body BVR said on Tuesday.

  6. Fitch Affirms Taiwan Cooperative Bills Finance, Taiwan Cooperative Securities

    Headlines

    Tue, 24 Mar 2015

    TCBFC and TCS are wholly owned subsidiaries Taiwan Cooperative Financial Holding Co., Ltd., of which the principal and fully owned subsidiary is Taiwan Cooperative Bank (TCB). A full list of rating actions is at the end of this rating

  7. UPDATE 1-HSBC sued by U.S. credit union group over mortgage-backed securities

    Headlines

    Fri, 20 Mar 2015

    WASHINGTON, March 20 (Reuters) - The National Credit Union Administration Board filed suit against HSBC Bank USA, alleging it did not fulfill trustee duties for 37 residential mortgage-backed securities trusts, the group said on Friday.

  8. HSBC sued by U.S. credit union group over mortgage-backed securities

    Headlines

    Fri, 20 Mar 2015

    WASHINGTON, March 20 (Reuters) - The National Credit Union Administration Board filed suit against HSBC Bank USA, alleging it did not fulfill trustee duties for 37 residential mortgage-backed securities trusts, the group said on Friday.

  9. Italy's BPM offers to buy back senior bonds for up to 165 mln eur

    Headlines

    Mon, 16 Mar 2015

    MILAN, March 16 (Reuters) - Italian cooperative bank Banca Popolare di Milano wants to buy back up to 165 million euros in senior bonds sold to small investors in a bid to improve its debt structure, it said on Monday.

  10. Italy lower house passes cooperative bank reform; moves to Senate

    Headlines

    Thu, 12 Mar 2015

    ROME, March 12 (Reuters) - Italy's lower house on Thursday approved a reform that converts the country's largest cooperative banks into joint stock companies, a measure that, if passed by the Senate,...

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