News

Factbox-How Many Bank Takeover Bids Are Happening in Italy?
BPER, Italy's fourth-largest bank, in February announced a 4.3 billion euro all-share bid for its rival, based in Sondrio in ...
UniCredit has appealed to court against Italy govt's terms on its Banco BPM bid, Repubblica says
Italian bank UniCredit has appealed to an administrative court against the "golden power" terms the Italian government has ...
UniCredit Doubles Down on Banco BPM Offer
UniCredit said it rejects Banco BPM's allegations. The lender said that the offer still meets its financial metrics, albeit at a lower return on investment since BPM's acquisition of asset manager ...
Italian Regulator Pauses UniCredit's $10 Billion Banco BPM Takeover Bid
UniCredit launched a surprise bid its smaller peer in November in an attempt reinforce its position as Italy's second-largest bank by assets and gain scale in the wealthy Lombardy region. The value of ...
Banco BPM urges UniCredit to drop bid if it can't meet govt's demands
Banco BPM on Thursday urged suitor UniCredit to abandon its buyout offer, given the bank led by CEO Andrea Orcel has told ...
Guatemala's Largest Bank Adopts Stablecoin Rails for U.S. Remittance Payments
SukuPay will allow Guatemalans to receive funds from the U.S. for a flat 99 cent fee, using only a phone number within their ...
EU Deadline on UniCredit, Banco BPM Deal Extended After National Request
BRUSSELS (Reuters) -EU antitrust regulators have extended their decision deadline on Italian bank UniCredit's takeover bid ...