Italy's largest bank, UniCredit, has announced plans to cut 14,000 jobs by 2019. It may also say it will raise €13 billion euros in the country's biggest share issue, to clean up its balance sheet and boost longer-term profitability. The move comes at a troubled time for Italian banks and the economy, with the country's third-largest bank, Monte dei Paschi di Siena, at risk of failure. Bruce Packard is a Senior Analyst at bank rating and advisory organisation, Lafferty Group, and he joined Share Radio Breakfast to discuss.
Barclays has agreed to sell its French retail banking operations to European private equity firm, AnaCap Financial Partners. This follows the UK bank’s decision to sell its credit arms in Spain and Portugal. The bank says it's going to focus on its core markets in the UK and US. So is this the Barclays equivalent of Brexit? Share Radio’s Matt Cox spoke to Jeremy Cook, Chief Economist from World First, to find out more about the decision and what it will mean.
Many commentators have forecast financial market turmoil over Italy. But Italian shares have actually risen in the days since, as investors bet on a new caretaker government and no snap election. So what should investors make of the Italian story so far, and in what way is this a turning point? Chris Hiorns, Manager of the EdenTree Amity European Fund, joined Share Radio Breakfast to discuss.
One of Europe's leading venture capital firms, Balderton Capital, has warned that the UK's dominant position in Europe's tech industry could be at risk if Brexit makes it harder to attract foreign employees. So, what impact will Britain’s exit from the EU have on fintech start-ups? Antoine Baschiera is the CEO of Early Metrics, the first rating agency for start-ups and innovative SMEs, and he joined Share Radio Breakfast to look into this.
The Environmental Industries Commission Annual Conference is being held in London. Its remit explores how environmental industries in the UK will deal with the potential fallout from Brexit. How will so called green companies cope if current environmental regulation is loosened once we come out of the EU? James Brydges spoke to James Murray, Editor in Chief of Business Green, who'll be speaking at the event. He asked how things would pan out for green businesses over the next few years.
Scotland could attempt a Norway-like model of EU membership. The idea emerged in a leaked memo, where it seems the Scottish government is considering European Economic Area membership as a possible way to maintain links with the block. To find out if this could be a viable way for Scotland to remain in the EU, Matt Cox spoke to Share Radio's Scotland correspondent Maurice Smith.