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UPDATE 1-Raider Bollore takes on Italy's old guard in Generali CEO search

*CFO, Italy manager front runners to succeed Greco- sources. MILAN/ LONDON, Feb 9- French corporate raider Vincent Bollore is making his influence felt in corporate Italy by defying the country's old guard in choosing a replacement for Mario Greco as Generali chief executive. Greco may have masterminded a three-year turnaround and a doubling of its share price,...
Source: Reuters | By: Gianluca Semeraro, Pamela Barbaglia and Stephen Jewkes
UPDATE 2-UniCredit's board backs CEO after reporting surprise profit

MILAN, Feb 9- UniCredit, Italy's biggest bank, reported better than expected results on Tuesday, with the board reiterating its support for Chief Executive Federico Ghizzoni, despite growing disquiet among some influential shareholders. UniCredit posted a net profit of 153 million euros in the fourth quarter, whereas analysts had on average been expecting a...
Source: Reuters | By: Silvia Aloisi
Raider Bollore takes on Italy's old guard in Generali CEO search

*CFO, Italy manager front runners to succeed Greco- sources. MILAN/ LONDON, Feb 9- French corporate raider Vincent Bollore is making his influence felt in corporate Italy by defying the country's old guard in choosing a replacement for Mario Greco as Generali chief executive. Greco may have masterminded a three-year turnaround and a doubling of its share price,...
Source: Reuters | By: Gianluca Semeraro, Pamela Barbaglia and Stephen Jewkes
UPDATE 1-UniCredit surprise profit eclipsed by CEO speculation

MILAN, Feb 9- A surprise profit from UniCredit was eclipsed on Tuesday by reports that the chief executive of Italy's biggest bank by assets has lost the support of several influential shareholders and may be forced to step down soon. UniCredit posted a net profit of 153 million euros in the last three months of the year, against an expected loss of 140 million...
Source: Reuters | By: Silvia Aloisi
State guarantee to lift Italy bad loan prices 15-20 pct - source

MILAN, Jan 29- Italian banks, seeking to sell off bad loans without taking a damaging hit to their finances, will get a price 15-20 percent higher than they might have otherwise thanks to a state guarantee, a source close to the matter said. The Italian government is keen to help its banks offload an estimated 201 billion euros of bad loans racked up during a long...
Source: Reuters
Forex moves boost Ferragamo's 2015 sales despite Asia weakness

MILAN, Jan 28- Italian luxury goods group Salvatore Ferragamo reported a 7.4 percent rise in 2015 revenues as favourable currency moves helped to offset weakness in its biggest market, Asia, as well as in North America. Last year's revenues at the Florentine shoemaker totalled 1.43 billion euros, broadly in line with analysts' average forecast of 1.41 billion...
Source: Reuters
UPDATE 1-Monte Paschi 'does not need capital increase' - chairman

MILAN, Jan 22- Banca Monte dei Paschi di Siena does not need a cash call and has a very strong liquidity position, the Italian bank's chairman was quoted as saying in a newspaper interview on Friday, as the bank brought forward the date for its results. Shares in Monte dei Paschi and other Italian banks plunged earlier this week on concerns over bad loans amounting to...
Source: Reuters
UPDATE 3-Italy's banks rebound; government seeks swift solution to bad loans

*Rome hopes for rapid Brussels deal on bad loans. MILAN, Jan 21- Italian banking shares surged on Thursday following a week of plunging prices, with Rome seeking a swift solution to the sector's bad loan woes and the European Central Bank sending a soothing message to anxious investors. "The situation is much less serious than the market thinks," Italian Prime...
Source: Reuters | By: Crispian Balmer
UPDATE 3-Some Monte Paschi customers withdraw savings as bank's stock sinks

MILAN, Jan 20- Some Monte dei Paschi customers have been pulling savings out of the Italian bank, its chief executive said on Wednesday, as it faces a crisis over a mountain of bad loans that has halved its market value this year. CEO Fabrizio Viola did not say how much money savers had withdrawn, or when the outflow began, though he said the fall in deposits was "limited"...
Source: Reuters | By: Francesca Landini and Stefano Bernabei
UPDATE 1-Italians and Dutch demand ever more home loans

*Requests for loans modest in France and Germany. FRANKFURT, Jan 19- Home buyers in Italy and the Netherlands are demanding ever more credit to take advantage of record low borrowing costs as they bet that property prices will rise further, according to the European Central Bank. The data showed a particularly strong increase in home loans in Italy and the...
Source: Reuters | By: John O'Donnell