Bloomberg Italian PM Giuseppe Conte said that coronavirus outbreaks this autumn may prompt local restrictions but not a nationwide lockdown. “I am confident,” Conte said at an event organised by Il Fatto Quotidiano newspaper. “We won’t find ourselves in a situation to order a general lockdown; at worst we’ll have to intervene in a targeted way, with restrictive measures for narrowly ...

Bloomberg Spain’s CaixaBank SA and Bankia SA are exploring a merger to form the largest lender in the country and kickstart consolidation in one of the hardest-hit European economies during the pandemic. The firms are examining an all-share transaction, CaixaBank said in a statement overnight, in a deal that would create a lender with a combined market value of about ...

Bloomberg Deutsche Bank AG has dropped its pursuit of Wirecard AG’s banking unit and related assets after balking at the price sought by the payments company’s insolvency administrator. Wirecard’s insolvency administrator, Michael Jaffe, had been seeking at least $119 million to proceed with a sale of the assets rather than a liquidation. Deutsche Bank had submitted a bid for some ...