The bank blasted what it sees as a weak premium. Its CEO warned a deal would cost BPM 6,000 jobs. And Italian officials expressed concern that a UniCredit tie-up would stall efforts to grow BPM.

Italy's Banco BPM , the target of an unsolicited all-share offer announced by UniCredit, should remain an independent bank, its CEO said in a letter to staff on Wednesday, warning of big job cuts if ...

With the acquisition of Bpm bench on the part of Unicredit Customers of the two banks may notice some changes in the way they ...

The Italian lender rejected the surprise offer from its larger rival, saying it undervalues the business and creates ...

Italian lender Banco BPM rebuked a $10 billion-plus bid from larger rival UniCredit, saying the offer undervalues the bank and creates uncertainty. UniCredit on Monday launched an all-stock offer ...

European stocks erased gains as Germany’s subdued business outlook added to concerns about the health of the region’s economy ...