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 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 ...
UniCredit says it will appeal in court against Italy's conditions on Banco BPM bid
Italian bank UniCredit said on Friday it would fight the conditions imposed by the government to clear its offer for rival ...
Spanish bank buying Novo Banco is not in Portugal's interest, minister says
Portugal is concerned about over-dependence on Spain in its banking sector and views an acquisition of its fourth-largest ...
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 ...
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 ...