Banco BPM SpA urged Italy’s market regulator Consob to take measures to protect the bank’s stakeholders after UniCredit SpA’s ...
Italy's Banco BPM has struck a deal with trade unions on 550 new hirings in exchange for 1,110 voluntary early retirements, ...
Italian bank Banco BPM is preparing to give Citigroup and Lazard a mandate to advise over an unsolicited takeover bid by ...
Banco BPM will cut 587 jobs after reaching an agreement for voluntary redundancies and new hires with trade unions, the Italian bank said.
Banco BPM SpA is exploring two main options to fend off a takeover by rival UniCredit SpA: boosting its financial targets as ...
Italy's Banco BPM said it has asked market watchdog Consob to adopt measures to protect the bank's stakeholders and its bid ...
UniCredit's CEO Andrea Orcel said his bank's investment in German rival Commerzbank and its bid for smaller domestic peer ...
Agreements also signed on health care and the pension fund, with an increase in company contributions. The company ...
Orcel has been out of favour in Rome since he snubbed a chance to buy MPS from the state in 2021, deeming as insufficient the ...
Banco BPM shares spiked on Monday after the French lender Crédit Agricole announced it was boosting its stake in the Italian ...
Shares in Banco BPM closed up 5.5% on Monday at 7 euros, above the 6.657 euros a share offered by UniCredit in its all-share offer - a sign the market sees the bid's 0.5% premium as too low. Orcel ...
In the possible wedding between Unicredit and Banco Bpm, the swing vote will be Crédit Agricole, but the top management of the Milanese bank is working to study a defensive strategy ...