Profilo

MILAN— Banca Profilo SpA Chairman Matteo Arpe and former Assicurazioni Generali SpA Chairman Cesare Geronzi have been sentenced to three years and seven months and five years, respectively, in jail, in a trial related to the collapse of Parmalat SpA, Italian newswire MF-Dow Jones reported Tuesday.

Sentences Handed Down in Parmalat Case Alessandro Mocenni 2011

Mr. Arpe, Sator's controlling shareholder and chief executive, said in an interview that Profilo, though hurt by the financial crisis, doesn't have exposure to asset-backed securities that continue to hobble rival banks.

Arpe Rejoins Italian Bank Scene Stacy Meichtry 2009

Under the deal, Sator will take a majority stake in Profilo by subscribing to a planned €110 million ($138.1 million) capital raising, the bank said in a statement Thursday.

Arpe Rejoins Italian Bank Scene Stacy Meichtry 2009

The financial crisis, however, has left Profilo with thin capital reserves.

Arpe Rejoins Italian Bank Scene Stacy Meichtry 2009

Deteriorating financial markets and a spike in impairment charges and risk provisions drove Profilo to a €74 million net loss in the final three months of the year.

Arpe Rejoins Italian Bank Scene Stacy Meichtry 2009

The bank approached Sator for help in early January after Italy's central bank inspected Profilo in late 2008 and urged the bank to find a partner that could recapitalize it, according to people familiar with the matter.

Arpe Rejoins Italian Bank Scene Stacy Meichtry 2009

Dunyada bu deGisim yasanirken ArCelik, Beko (Grundig), Vestel ve Profilo gibi yerli firmalar ise yatirim yapmadiklari iCin ince ekran televizyon paneli bile uretemiyor. uretim ve ihracatta yuzde 25 kayba uGrayan yerli elektronikCiler, maliyetin buyuk bolumunu olusturan paneli UzakdoGu'dan ithal ediyor.

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Intervista ai Microsoft MVP: Anna Perotti - Ciao a tutti, questa settimana ho avuto il piacere di incontrare: Anna Perotti Award in: Dynamics - Navision Profilo MVP: Professione:

Megite Technology News: What's Happening Right Now 2008

Intervista ai Microsoft MVP: Anna Perotti - Ciao a tutti, questa settimana ho avuto il piacere di incontrare: Anna Perotti Award in: Dynamics - Navision Profilo MVP: Professione:

Megite Technology News: What's Happening Right Now 2008

Intervista ai Microsoft MVP: Luca Spolidoro - Ciao a tutti, questa settimana, di rientro dalle ferie, facciamo quattro chiacchiere con: Luca Spolidoro Award in: Windows Desktop Experience Profilo MVP: Blog: Professione: Sviluppatore.

Megite Technology News: What's Happening Right Now 2008