Lloyds Banking Group has set aside an additional £700mn to cover potential customer redress costs linked to a UK court ruling into the mis-selling of car finance loans, bringing its total provision to ...
UniCredit is among the European banks with the greatest risk exposure to Russia, along with Austria's Raiffeisen Bank International. The group has been trying to leave Russia since 2022.
Commerzbank has decided to rent another Frankfurt skyscraper despite slashing thousands of jobs as the German bank battles to ...
The five-member panel of judges, including Supreme Court president Lord Reed, ruled against allowing the government to intervene, dealing a setback to banks potentially facing compensation costs in ...
UniCredit offered to buy the second largest Italian bank Banco BPM for €10bn in late November last year. The acquisition was ...
BPM chief executive Giuseppe Castagna lashed out against the latest move by UniCredit in a television interview, labelling Monday’s announcement “very dangerous” and an attempt to influence the ...
UniCredit reminded Banco BPM shareholders on Monday it could withdraw its buyout offer for their bank if BPM investors agreed to back a more costly bid for fund manager Anima Holding. BPM last week ...
Green financing rules, pressure from climate groups are pushing Western financiers to shun fossil fuels. Read more at ...
Italian banking group UniCredit said its Serbian unit posted a net profit of 2015 million euro ($212.7 million) in 2024, up ...
Italy's UniCredit Group said its adjusted net profit from operations in Bulgaria grew to 413 million euro ($426.4 million) in ...
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