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 ...
European stock markets start the session on the rise with investors looking to central banks on the issue of rate cuts. Milan ...
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 ...
UniCredit SpA (IT:UCG) has released an update.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks Premium - Now At ...
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.
Banco BPM SpA, Italy’s third-largest bank, has rejected a €10 billion ($10.5 billion) takeover bid from UniCredit SpA, which ...
Italy's Banco BPM , the target of an unsolicited all-share offer announced by UniCredit, should remain an independent bank, its CEO said in a letter to staff on Wednesday, warning of big job cuts if ...
JPMorgan Chase & Co. hired James Lucas from Goldman Sachs Group Inc. to help lead the firm’s efforts with advising financial ...
The smaller Italian lender had previously flagged "serious concerns" about the "employment and social impacts" of a potential ...