Banco BPM’s chief executive Giuseppe Castagna has rejected UniCredit’s unsolicited €10.1bn all-share offer, warning it could result in over 6,000 job cuts, representing more than a third of the bank’s ...
Operational resilience has become crucial for financial institutions navigating today's digital landscape riddled with cyber ...
Moody's confirms Unicredit's rating, positively assessing the acquisition of Banco Bpm and the expansion with Commerzbank.
(Reuters) - Europe's main stock index opened at a two-week high on Monday, boosted by U.S. President-elect Donald Trump's ...
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.
JPMorgan Chase & Co. hired James Lucas from Goldman Sachs Group Inc. to help lead the firm’s efforts with advising financial ...
Banco BPM has roughly 20,000 employees. Castagna’s memo to staff comes a day after Banco BPM’s board rebuffed the approach ...
Italy's Banco BPM on Tuesday rebuffed a 10 billion euro ($10.5 billion) unsolicited takeover offer by rival UniCredit, saying ...
The 10 billion-euro ($10.52 billion) bid presented by UniCredit on Monday was not previously agreed and was delivered on ...
Unicredit announced the launch of a voluntary public offering for all of the shares of Bpm bench. In an official ...
UniCredit Chief Executive Andrea Orcel on Monday said that buying BPM would create "an even stronger number two bank in an attractive market, generating significant long-term value for all ...
UniCredit's Andrea Orcel makes a €10B bid for Banco BPM to boost market share in Italy's financial sector. Explore the ...