Prosecutors have wrapped up a probe
into alleged fraudulent diamond selling by some of Italy's top
banks, having investigated high profile executives working for
UniCredit and Intesa Sanpaolo, a prosecutor
U.S. Secretary of State Mike Pompeo
said on Wednesday the U.S. wanted to be a partner of Italy but
not at the cost of its own national security if there were risks
associated with Rome's stance on Chinese 5G network technology.
German real estate investor
Redos has officially notified antitrust authorities about its
intention to buy Metro's loss-making Real hypermarket
chain, people close to the matter said, in a sign that the deal
is nearing completion.
U.S. and New York regulators on
Wednesday fined two units of BGC Partners Inc $25
million to settle charges their brokers concocted fake trades to
fraudulently induce clients to transact in foreign exchange
options at unfair prices.