Italian shares and bonds have suffered a sharp sell-off as investors worried about a deepening spat between Rome and the European Union over the country's budget. The euro was also under pressure, ...

June 13 (Reuters) - Italy's 10-year bond yield rose to 4% for the first time since 2014 on Monday, while the cost of insuring exposure to its debt rose to the highest since 2020 and bank stocks ...

Shares in Intesa Sanpaolo and UniCredit, Italy ’s two largest banks, gained 2.8 per cent and 4.4 per cent, respectively, by mid-afternoon but remained below last week’s levels.

Italy’s UniCredit launched a $10 billion-plus offer to buy Banco BPM, setting its sights on a smaller domestic peer after circling Germany’s Commerzbank in recent months. Banco BPM shares ...