Consob

Blackrock cut stake in Italy's Banco Popolare to 4.9 percent: filing

U.S. investment firm Blackrock (BLK.N) has lowered its stake in Italian cooperative bank Banco Popolare (BAPO.MI), according to a regulatory filing on Friday which showed a holding of 4.91 percent as of Nov. 21.

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Italy's securities regulator begins civil proceeding against BlackRock' money manager

New York-based BlackRock Inc said civil proceedings were started by Italy's securities regulator against Nigel Bolton, one of its money managers, over the trade of Saipem's shares last year, Bloomberg reported.

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Consob investigation on Lauro 61 to yield results

According to an Italian daily, market regulator Consob is investigating Camfin's offer for Pirelli shares if the same is properly valued.

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