"Unicredit's takeover bid for Banco Bpm makes industrial sense": with these words, the head of Intesa Sanpaolo, Carlo Messina, has in fact blessed Andrea Orcel's operation on which the final decision ...
Banco BPM’s chief executive Giuseppe Castagna has rejected UniCredit’s unsolicited €10.1bn all-share offer, warning it could result in over 6,000 job cuts, representing more than a third of the bank’s ...
Operational resilience has become crucial for financial institutions navigating today's digital landscape riddled with cyber ...
Moody's confirms Unicredit's rating, positively assessing the acquisition of Banco Bpm and the expansion with Commerzbank.
The bank blasted what it sees as a weak premium. Its CEO warned a deal would cost BPM 6,000 jobs. And Italian officials expressed concern that a UniCredit tie-up would stall efforts to grow BPM.
JPMorgan Chase & Co. hired James Lucas from Goldman Sachs Group Inc. to help lead the firm’s efforts with advising financial ...
Banco BPM has roughly 20,000 employees. Castagna’s memo to staff comes a day after Banco BPM’s board rebuffed the approach ...
First, there was irritation in Berlin. Next, annoyance in Rome. In his search for expansion, Andrea Orcel is taking risks few ...
Italy's Banco BPM on Tuesday rebuffed a 10 billion euro ($10.5 billion) unsolicited takeover offer by rival UniCredit, saying ...
Andrea Orcel’s 10-billion-euro offer for Banco BPM on Monday could trigger a wave of possible countermoves from rivals within ...
The 10 billion-euro ($10.52 billion) bid presented by UniCredit on Monday was not previously agreed and was delivered on ...