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Italy’s market regulator Consob is analyzing whether to suspend UniCredit SpA’s takeover bid for Banco BPM SpA, after an ...
Warning comes as European Commission pushes for more bank mergers to boost European financial sector’s fire power.
The European Commission cries foul over Italy’s use of national security rules to effectively block UniCredit’s bid for BPM.
Brussels warns Italy over UniCredit–Banco BPM deal, saying Rome’s golden power decree may breach EU law and overstep ECB oversight.
Italy has been hit by a preliminary EU warning over its restrictions on UniCredit’s planned takeover of Banco BPM.
By Sanchayaita Roy, Sukriti Gupta and Shashwat Chauhan (Reuters) -European shares ended slightly lower on Monday, with tariff ...
The European Commission said on Monday that special conditions set by Rome on Italian bank UniCredit's takeover bid for its smaller rival Banco BPM may be in breach of EU rules.
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Rome’s use of the ‘Gold Power’ rule to impose conditions on the merger is controversial because the two companies are both ...
The European Union said Italy's intervention in the proposed takeover of lender Banco BPM by larger peer UniCredit potentially breaches European rules on mergers.
An Italian court lifted two conditions imposed by officials, while upholding others, marking the latest development in a ...
Banco Bradesco SA engages in the provision of financial and insurance services. It operates through Banking, and Insurance segments. The Banking segment ...
Credit Agricole aims to nudge up its shareholding in Banco BPM to just over 20%, solidifying its strategic position in the Italian lender that is currently a UniCredit takeover target.
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