Italy Readying Review of UniCredit’s BPM Bid Under Golden Power
Italy is preparing to start a formal review of UniCredit SpA’s unsolicited offer for Banco BPM SpA, people familiar with the ...
BPM Plans Risk Transfers Tied to €4.5 Billion in Loans While Trying to Fend Off UniCredit Bid
Banco BPM SpA is seeking investors for two significant risk transfers, potentially boosting its capital strength at a time ...
Politico Europe1d
Rome warns its financial giants: Italy first!
ROME — Italy’s government fears merger deals by some of the country’s biggest financial groups will sap its ability to summon ...
FIRSTonline3d
Bond, Unicredit turns to retail and focuses on variable rate. Eni places perpetual bonds for 1,5 billion to institutions
UniCredit presents two new Bonds directly negotiable on the MOT and Bond-X markets of Borsa Italiana, therefore available to ...
Analysis-European Banks' Record Takings Fuel M&A Talk as Pressures on Industry Persist
Last year saw the biggest annual deal volume of European financial services M&A since 2015, EY's latest industry analysis ...
Italy’s Banca Ifis Bids for Illimity Amid Sector Consolidation
The takeover offer values the specialty lender at around $309 million as banking consolidation in the country heats up.
Banca Ifis bids for illimity as Italy's banking M&A heats up
Italy's Banca Ifis on Wednesday said it would pay 298 million euros ($309 million) in cash and shares to buy rival specialty lender illimity, to bulk up in a toughening market. The move highlights ...
Italy’s Defense of Bank Jobs Is an EU-Wide Obstacle
Mario Draghi’s plan to increase competitiveness in the bloc risks foundering on government reluctance to allow industry ...
The Banker3d
What ‘golden power’ rules mean for EU banking
The rules allow Italy’s government to block or set conditions on foreign and domestic corporate takeovers in strategic ...