Bank of Italy says it is ending COVID-related relief measures for banks
The Bank of Italy said on Tuesday it would remove a number of relief measures on banking requirements that had been introduced to help lenders through the COVID-19 crisis.
KKR makes $12 billion approach to take Telecom Italia private
Telecom Italia (TIM) (TLIT.MI) has received a 10.8 billion euro ($12 billion) approach from U.S. fund KKR (KKR.N) aimed at taking Italy’s biggest phone group private, the company said on Sunday.
