Six leading Italian banks reported a 7.6% annual increase in combined net profit last year, reaching 24.3 billion euros ...

The five-member panel of judges, including Supreme Court president Lord Reed, ruled against allowing the government to intervene, dealing a setback to banks potentially facing compensation costs in ...

UniCredit offered to buy the second largest Italian bank Banco BPM for €10bn in late November last year. The acquisition was ...

BPM chief executive Giuseppe Castagna lashed out against the latest move by UniCredit in a television interview, labelling Monday’s announcement “very dangerous” and an attempt to influence the ...

MILAN: UniCredit on Monday reminded Banco BPM shareholders it could withdraw its buyout offer for their bank if ...

UniCredit reminded Banco BPM shareholders on Monday it could withdraw its buyout offer for their bank if BPM investors agreed to back a more costly bid for fund manager Anima Holding. BPM last week ...

UniCredit on Monday warned Banco BPM shareholders that if they decided to back a more costly bid for fund manager Anima Holding UniCredit could pull its own buyout offer for BPM. "UniCredit reiterates ...

Investors will ultimately determine the outcome of a raft of takeover bids rocking Italy’s financial sector, the country’s ...

Bankers in Italy are meeting at the annual Assiom Forex conference in Turin to discuss the future of their industry, which has been hit by a wave of consolidation, as lenders are seeking to deploy ...

Bank of Italy Governor Fabio Panetta said the recent wave of potential banking consolidation in his country would allow them ...