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...There is something a little spooky about the timing of Xochitl Gonzalez’s second novel Anita de Monte Laughs Last....
...Via Monte Napoleone recorded a 9 per cent rise in average retail rent compared with pre-pandemic levels....
...“I would watch tiny drips of water fall from their tips and wonder how long it would take them to grow down as far as the ground,” he says. His fascination never left him....
...Shares in Monte dei Paschi di Siena fell nearly 9 per cent after French insurer Axa said it had sold almost all of its 8 per cent stake in the Italian bank, just three months after it helped salvage its...
...Following the share price falls, the government watered down the measure last Tuesday evening, saying the amount taxed would be capped at 0.1 per cent of banks’ total assets....
...Monte dei Paschi di Siena’s management could begin to explore alternative options to a €2.5bn capital increase planned this month, after some arranger banks signalled their unwillingness to mop up shares...
...Italian lender Monte dei Paschi di Siena has posted an 86 per cent year-on-year drop in first half net profit to €27mn, mainly due to higher loan loss provisions and lower tax benefits....
...The bank’s share price has dropped to below €2, a 90 per cent fall in the past 12 months....
...Following the fall of Rome, Li Galli became a hideout for privateers....
...Letter in response to this article: Miami’s property boom has wreaked havoc / From Fernando Montes-Negret, Miami Beach, Florida, US...
...Since the first European banking regulatory stress tests in 2009, banks have been tested for their sensitivity to falls in value of government bonds....
...The fall in the market value of bonds is crimping reinsurers’ capital....
...The commodities trading house Trafigura has also held talks with Lukoil about a potential deal in case negotiations with Crossbridge fall apart, people briefed on the matter said....
...And so that doesn’t look so much like a security because the common enterprise bit falls away. Ethan WuRight....
...Because they believe they can put out the fire,” says Paulo Fernandes, associate professor at the University of Trás-os-Montes and Alto Douro....
...You might think that sounds too easy, that someone would spot the problem and the con would quickly fall apart....
...Instead, he spent hours doing Monte Carlo simulations in his head, trying to work out where the deal could fall apart and what might go wrong....
...The economist Daron Acemoglu has suggested that employees in companies run by MBA graduates see their wages fall over a five-year period. Markets and owners like this. Employees probably don’t....
...This is some consolation to executives for the personal hardship of attending this week’s industry powwow in Monte Carlo....
...Last week Pucci took to Capri to introduce its first designs from new artistic director Camille Miceli, just as Dior unveiled its pre-fall women’s collection in Seoul....
...More than 500 years elapsed between the founding of the world’s first bank, Monte dei Paschi di Siena, and the creation of the first set of global banking standards: the 1988 Basel accord....
...Regulators used the scenario of a 3.6 per cent fall in EU gross domestic product and unemployment reaching 12.1 per cent to test how banks’ balance sheets fared....
...I was here for one colour in particular: the rich russet brown of the marroni that fall to the ground in October each year....
...Nice work if you can get it: Sotheby’s is to open its first pop-up gallery in Europe in the resort of Monte Carlo this summer....
...Italy’s state-controlled Monte dei Paschi di Siena has named UniCredit veteran Luigi Lovaglio as chief executive....
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