How Italy’s banking M&A wave started crashing
View of the branches of the Italian bank Monte deo Paschi in Rome.Nurphoto | Nurphoto | Getty ImagesBy late spring, ...
Tag: Banco BPM SpA
Market turbulence will not impact Mediobanca deal, Monte dei Paschi CEO says
Siena, ITALY — Monte dei Paschi di Siena is holding firm on its plans to acquire Mediobanca for 13 billion ...
Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
Germany's second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, ...
Italy’s UniCredit guides 2025 revenue slowdown after fourth-quarter profit beat
Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, but guided a slight slowdown in 2025 revenues amid ...
Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit
A "mild recession" is on the cards, according to Commerzbank CEO Manfred Knof.Picture Alliance | Picture Alliance | Getty ImagesCommerzbank ...
Monte dei Paschi shares fall 6% after lender launches surprise 13-billion-euro bid for Mediobanca
Photographer | Collection | Getty ImagesItaly's bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro ($13.95 ...
Banco BPM says UniCredit’s ‘unusual’ $10.5 billion takeover offer does not reflect its profitability
A Banco BPM SpA bank branch in Milan, Italy, on Friday, Nov. 15, 2024. Bloomberg | Bloomberg | Getty ImagesItalian lender ...
UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion
A logo on the UniCredit SpA headquarters in Milan, Italy, on Saturday Jan. 22, 2022.Bloomberg | Getty ImagesItalian lender UniCredit ...
