The bank blasted what it sees as a weak premium. Its CEO warned a deal would cost BPM 6,000 jobs. And Italian officials ...
French asset manager Amundi holds a 1.3% stake in UniCredit on behalf of its clients, Europe's biggest fund management ...
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 ...
Despite the decline in domestic demand, tourism in Italy continues to grow thanks to international arrivals. The Unicredit ...
ROME, NOV 27 - The CEO of Banco BPM, Giuseppe Castagna, wrote a letter to staff Wednesday saying there would be estimated job ...
First, there was irritation in Berlin. Next, annoyance in Rome. In his search for expansion, Andrea Orcel is taking risks few ...
Yet improving prospects at US banks only tell part of the story. Looking forward a year or two, the valuation gap to European lenders narrows, rather than closes. The rest appears to be a combination ...
The spread between French and German 10-year bond yields rose to 90 basis points (bps), the highest since the euro zone ...
A diverging outlook for the European Central Bank and the Federal Reserve’s interest-rate paths widened the 10-year Treasury-Bund yield spread.
A measure of French debt risk rose on Wednesday to the highest level in over a decade as a political standoff over the ...
Banco BPM SpA, Italy’s third-largest bank, has rejected a €10 billion ($10.5 billion) takeover bid from UniCredit SpA, which ...
A diverging outlook for the European Central Bank and the Federal Reserve’s interest-rate paths widens the 10-year U.S. Treasury-German Bund yield spread. There is little doubt among investors that ...