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 ...
The move pauses speculation that UniCredit was considering a bid for Germany’s Commerzbank. It also foils a plan by the Italian government to boost competition against UniCredit and its peer, Intesa ...
UniCredit on Monday launched an all-stock offer ... foothold in its home country and gain more market share in northern Italy where Banco BPM has its roots.
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 ...