By Andrea Mandala and Valentina Za MILAN (Reuters) -BPER Banca's CEO on Friday said its 4.3 billion euro ($4.5 billion) ...
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) ...
The latest unsolicited bid in Italian banking follows similar moves by UniCredit on Banco BPM and state-backed Monte dei Paschi di Siena (MPS) on Mediobanca. Unsolicited bids are historically rare in ...
Italian bank BPER said Friday that it has made a 4.3-billion-euro takeover bid for fellow lender Banco Popolare di Sondrio.
European banks have sailed through the earnings season and are promising massive share buybacks, adding fuel to their best ...
Bankers in Italy are meeting at the annual Assiom Forex conference in Turin to discuss the future of their industry, which ...
Banco BPM SpA raised its bid for asset manager Anima Holding SpA, indicating that the Italy’s third-largest bank is ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UniCredit has threatened to drop its bid for Banco BPM if the smaller bank’s shareholders vote next week ...
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.
Six leading Italian banks reported a 7.6% annual increase in combined net profit last year, reaching 24.3 billion euros ...