With its plans for Germany's Commerzbank seemingly stalled, UniCredit, Italy's second-largest lender, on Monday launched a ...
Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall ...
Kian Abouhossein, head of European bank equity research and global IB coverage at JP Morgan, discusses UniCredit's bid to buy ...
Europe's main stock index hit a two-week high on Monday, driven by the nomination of the U.S. Treasury secretary and comments ...
UniCredit hits resistance from German corporate elite over Commerzbank bid Orcel shifts focus to Banco BPM with a 10 bln euro ...
Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM , which CEO ...
UniCredit CEO Andrea Orcel is navigating fierce resistance regarding his ambitions to take over Germany's Commerzbank, prompting him to refocus on a smaller Italian bank acquisition. German corporate ...
Italy's second-largest bank, UniCredit, said Monday it had bid 10.1 billion euros ($10.5 billion) in an all-share deal for ...
Italian lender UniCredit says its offer for domestic rival Banco BPM is separate from its pursuit of German bank Commerzbank.
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.
BPM had a market capitalization of €10.1 billion ($14.25 billion) at market close on Friday, compared to €62.4 billion for ...
But it also suggests a shift in UniCredit’s priorities. The Italian lender shook the European banking sector earlier this year by rapidly building a stake in Commerzbank, Germany’s second ...