Italy takes step towards possible bank M&A with Monte Paschi stake sale
Italy has begun to pave the way for a third big banking group in the country by selling a chunk of state-owned Monte dei ...
New Italy Banking Force Begins to Emerge From Monte Paschi Deal
A possible new force in Italian banking has begun to take shape, after regional lender Banco BPM SpA took a major stake in ...
European Midday Briefing: Upbeat Earnings Lift Stocks as Powell, U.S. PPI Data Eyed
Bitcoin beat another record Wednesday, reaching $93,000, extending gains for the first and largest token. The rally in Bitcoin and other cryptocurrencies comes after President-elect Donald Trump ...
Italy’s Paschi Stake Sale Is Step in Plan to Spur Bank M&A
Italian Prime Minister Giorgia Meloni moved forward with her plan to use the privatization of Banca Monte dei Paschi di Siena ...
Risk14h
Commerzbank wager swells UniCredit’s IMA RWAs by 62.5%
The derivatives UniCredit used to discreetly build a stake in Commerzbank have inflated the Italian bank’s market risk gauges, lifting model-based capital charges by 62.5% in the third quarter. Market ...
Germany Says It Can’t Thwart Potential Hostile Commerzbank Deal
The German government said it wouldn’t be able to thwart an acquisition of Commerzbank AG by UniCredit SpA, highlighting the ...