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An Italian court has upheld in part an appeal by UniCredit against the conditions the government has imposed to clear the bank's $16 billion bid for rival Banco BPM , the court's ruling published on ...
UniCredit on Wednesday posted a much higher than expected quarterly profit and raised its 2025 outlook, a day after ditching ...
UniCredit increased its shareholding in Commerzbank to 20%, giving the Italian lender a bigger stake in the German competitor as it seeks to win over opposition to a possible takeover of the rival.
In 2022, Italy recorded a total of $46.2 billion in foreign direct investment (FDI) in the United States, supporting nearly 100,000 American jobs.
Prime Minister Giorgia Meloni's government has privately signaled it would back the proposed transaction as long as Iveco's ...
UniCredit's bad loans would be sold to two vehicles, one managed by Fortress Investment Group and the other by PIMCO. UniCredit would retain minority stakes in each. ($1 = 0.9403 euros) ...
Italy fears that UniCredit may shift its central offices to Germany as part of any deal with Commerzbank , government officials said, adding Rome expects to have a say in the matter based on its ...
Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank's M&A overtures. The bank upped its cash dividend ...
Italy-based UniCredit S.p.A. (IT:UCG) has launched a bid worth $10.5 billion to acquire its rival Banco BPM (IT:BAMI) in a move to stabilize Europe’s banking industry. The bank made a voluntary ...
Spokespeople for the ECB, Commerzbank and UniCredit declined to comment. Shares in the German bank rose after Reuters' report to end the day up 1.6% at a 13-1/2 year closing high of 20.56 euros.
Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, but guided a slight slowdown in 2025 revenues amid expected declines in net interest income. Net profit ...