European banks have sailed through the earnings season and are promising massive share buybacks, adding fuel to their best ...
Six leading Italian banks reported a 7.6% annual increase in combined net profit last year, reaching 24.3 billion euros ...
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 ...
Bankers in Italy are meeting at the annual Assiom Forex conference in Turin to discuss the future of their industry, which has been hit by a wave of consolidation, as lenders are seeking to deploy ...
Investors will ultimately determine the outcome of a raft of takeover bids rocking Italy's financial sector, the country's ...
Italy is pushing for a domestic alternative to international investors including CVC Capital Partners Plc and France’s Iliad SA circling around phone carrier Telecom Italia SpA.
Italy's five listed asset managers reported combined net inflows of 3.15 billion euros ($3.25 billion) in January, up from ...
UniCredit SpA has expanded its holding in Italy’s largest insurer, potentially giving Chief Executive Officer Andrea Orcel ...
The logic for consolidation is straightforward: Europe doesn’t have enough banks with the scale to compete with the US and facilitate investment in essential projects such as the climate transition.
The acquisition would add approximately 900,000 customers, close to 400 branches, and around 4,000 employees to BPER Banca’s ...
Another day, another chunky Italian bank merger. On the face of it, Thursday’s decision by $9 billion BPER to lob in a $4.5 billion all-share bid for domestic peer Banca Popolare di Sondrio (BPSO) ...