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.
Banco BPM SpA, Italy’s third-largest bank, has rejected a €10 billion ($10.5 billion) takeover bid from UniCredit SpA, which ...
Goldman Sachs has warned that Trump’s tariffs on Canadian and Mexican crude oil could hurt US consumers significantly.
JPMorgan Chase & Co. hired James Lucas from Goldman Sachs Group Inc. to help lead the firm’s efforts with advising financial ...
The smaller Italian lender had previously flagged "serious concerns" about the "employment and social impacts" of a potential ...
Skeena Resources' stock is trading high relative to its recent trends, but nonetheless conserves strong tailwinds to continue ...
Commerzbank believe that the RBI is unlikely to panic following the increase in headline inflation in October as it was mainly due to higher food prices and is likely to be transient.On monetary ...
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 ...
Oil prices rose Wednesday as traders assessed the impact of a ceasefire deal between Israel and Hezbollah, and an upcoming ...
First, there was irritation in Berlin. Next, annoyance in Rome. In his search for expansion, Andrea Orcel is taking risks few ...
European bank stocks have had a strong year but going into 2025 Deutsche Bank is being more selective with stock picks in the ...
In a report released today, Jochen Schmitt from Bankhaus Metzler maintained a Buy rating on Commerzbank (0RLW – Research Report), with a price ...