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.

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 ...

The Italian government has recently published its 2024 Annual Report on Foreign Direct Investment (the Report), providing an overview of the ...

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.

Major Italian bank UniCredit is expanding its stake in German lender Commerzbank through financial instruments, with the total position now amounting to around 28%, the Italian bank announced on ...

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.

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.

By Reuters | March 12, 2025, at 12:11 p.m. ... Reuters FILE PHOTO: A person uses an ATM at a UniCredit bank branch in Rome, Italy, November 25, 2024. REUTERS/Yara Nardi/File Photo By Giuseppe Fonte ...

UniCredit's shares were down 1.5 percent by 1428 GMT. Mustier had first joined UniCredit to head its investment banking division in 2011, nearly two years after resigning from SocGen.

On Friday, the investment bank and wealth manager got a $14-billion offer from Monte dei Paschi to combine, in an all-stock deal that would more than double the bidder's market capitalization.

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'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 ...