UniCredit on Friday filed its buyout offer for rival Banco BPM BAMI.MI with Italy's market regulator, and CEO Andrea Orcel ...
Banco BPM SpA urged Italy’s market regulator Consob to take measures to protect the bank’s stakeholders after UniCredit SpA’s ...
Italy's Banco BPM said it has asked market watchdog Consob to adopt measures to protect the bank's stakeholders and its bid ...
Agreements also signed on health care and the pension fund, with an increase in company contributions. The company ...
Italy's unfolding banking takeover tussles have been long in the making and are predicted to go on for several months.
Banco BPM will cut 587 jobs after reaching an agreement for voluntary redundancies and new hires with trade unions, the Italian bank said.
Banco BPM SpA is exploring two main options to fend off a takeover by rival UniCredit SpA: boosting its financial targets as a standalone defense or reaching a merger agreement with Banca Monte ...
Orcel has been out of favour in Rome since he snubbed a chance to buy MPS from the state in 2021, deeming as insufficient the billions of euros he was offered to offset potential risks and the impact ...
Italian bank shares rose 55% in 2024, Bloomberg said Saturday. With Banco BPM rising 60%, UniCredit up over 50%, and Intesa ...
Investors are watching whether UniCredit will proceed with a takeover venture of Germany’s Commerzbank or Italian peer Banco ...
The move drew stiff rebukes from the German government, which “assumed” any deal was all but dead a month ago. UniCredit said ...
Credit Agricole will raise its stake in Banco BPM to 15.1%, seeking to bolster its position in Italy amid a more than $10 billion bid for the bank by larger rival UniCredit. France’s Credit ...