HALISTER1: Greek Banks to Record Clients Changing EU500 Notes: Kathimerini

Greek Banks to Record Clients Changing EU500 Notes: Kathimerini

(Bloomberg) -- Lenders to keep records of clients changing EU500 notes for lower denominations following instructions from Bank of Greece, Kathimerini reports, w/o citing anyone.
  • Instructions are result of money-laundering concerns
  • Greek banks charge 0.1% commission to exchange EU500 notes; min. commission EU3, max. EU250
    • No commission if clients deposit EU500 notes to their bank accounts
  • Banks also asked to cross-check other transactions of clients asking to change EU500 notes to avert money- laundering, tax evasion
  • NOTE: March 8, Here’s Exhibit A for ECB’s Mersch on Those 500-Euro Notes
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
2539Z GR (European Central Bank)

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UUID: 7947283

HALISTER: Telecom Italia Chief Executive Marco Patuano Said to Resign

Telecom Italia Chief Executive Marco Patuano Said to Resign

(Bloomberg) -- Telecom Italia CEO Marco Patuano to submit resignation as early as Saturday, two officials at Italy’s phone carrier said.
  • Co. Chairman Giuseppe Recchi said to take over Patuano’s duties until a new chief appointed
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
TIT IM (Telecom Italia SpA/Milano)
VIV FP (Vivendi SA)

People
Giuseppe Recchi (Telecom Italia SpA/Milano)
Marco Patuano (Telecom Italia SpA/Milano)

Topics
Management Changes
Who's News - People

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UUID: 7947283

(2) *TELECOM ITALIA CEO PATUANO SAID TO RESIGN, PERSON FAMILIAR SAYS

*TELECOM ITALIA CEO PATUANO SAID TO RESIGN, PERSON FAMILIAR SAYS

Alerts: HALISTER, HALISTER1
Source: BN (Bloomberg News)

Tickers
TIT IM (Telecom Italia SpA/Milano)
VIV FP (Vivendi SA)

People
Marco Patuano (Telecom Italia SpA/Milano)

Topics
Who's News - People
Management Changes

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UUID: 7947283

HALISTER: Monsanto Approaches Bayer Over $30b Purchase of Crop Unit: Rtrs

Monsanto Approaches Bayer Over $30b Purchase of Crop Unit: Rtrs

(Bloomberg) -- Monsanto has approached Bayer to show interest in its crop science unit, including potential acquisition worth >$30b, Reuters reports, citing people familiar with the matter.
  • Monsanto and Bayer declined to comment
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
BAYN GR (Bayer AG)
MON US (Monsanto Co)

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UUID: 7947283