Merger will allow ECB to have continued control over UK financial markets even after Brexit.
Prime Minister Paolo Gentiloni claimed he 'important day' would see the bank 'turn a corner'.
Eurozone's third biggest economy faces a financial ultimatum.
May hit back by arguing Labour had not tackled the issue during the party's 13 years in office.
Work and Pensions Committee said the system should be scrapped because of its 'unsustainable nature.
Hackers who stole £63m from Bangladesh Bank in February are still outfoxing the authorities.
Former top Southeast Asia dealmaker faces a 10 year ban from the Singapore securities industry.
A petition demanding the Bank of England replace the note is signed 75,000 times in one day.
ECB President Mario Draghi says single market has been a fundamental asset for London.
The ECB warns of a further surge in borrowing costs for eurozone governments.
Welfare cuts will leave low-earning working households worse off by £48.90 a week through to 2020, study says.
Top business body told IBTimes UK that Western economies will follow the White House's lead.
Taxpayers' Alliance told IBTimes UK that MPs should not 'take their eyes off the ball'.
Leaked audit claims Alliance for Direct Democracy in Europe misused £430,000 worth of grants.
Despite strong results for Vodafone and TalkTalk, there are reasons to be cautious before investing in British telecoms companies.
Adjusted profit before tax was £146m, down 24% from 2015 on an underlying basis.
Banks paid £34.2bn in taxes in the year ending March 2016, BBA says.
Government needs to think creatively on addressing growing housing crisis, construction industry says.
Some 43 high net worth individuals placed under review by government task force.
This is a big improvement over the £105m loss it reported in the last fiscal year.