The board of directors of Italy's Banco BPM said Tuesday that an acquisition bid from larger rival UniCredit was inadequate and failed to reflect the bank's profitability or potential. UniCredit ...
red down pointing triangle said a $10 billion-plus bid from UniCredit UCG 0.06%increase; green up pointing triangle undervalues the business, a day after Italy’s second largest bank by assets ...
Italian lender Banco BPM said a $10 billion-plus bid from UniCredit undervalues the business, a day after Italy's second largest bank by assets made a surprise move on its smaller rival.
Interview with MARCELLO MESSORI, banking expert and economist at the European University Institute in Florence. "The strong profitability of Italian banks and the persistent and strong segmentation of ...