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 ...
While in Piazza Meda they are looking for all possible ways to contain Unicredit's proposal, Orcel receives a positive rating from Moody's ...
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 ...
First, there was irritation in Berlin. Next, annoyance in Rome. In his search for expansion, Andrea Orcel is taking risks few ...
Banco BPM SpA rebuffed an unsolicited approach by UniCredit SpA, saying its takeover proposal wasn’t agreed in advance, is ...