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 ...

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.

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

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.

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.

Prime Minister Giorgia Meloni's government has privately signaled it would back the proposed transaction as long as Iveco's ...

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 ...

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 ...

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.

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 ...