The Bank of Italy will carefully screen proposed bank takeover bids that will ultimately be decided by investors, but it ...
Italy's No.2 bank UniCredit has bid for smaller rival Banco BPM, which in turn is trying to buy fund manager Anima Holding.
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 ...
Italy is pushing for a domestic alternative to international investors including CVC Capital Partners Plc and France’s Iliad SA circling around phone carrier Telecom Italia SpA.
Higher interest rates and improved capital buffers have strengthened European banks’ ability to pursue acquisitions. As rates ...
Green financing rules, pressure from climate groups are pushing Western financiers to shun fossil fuels. Read more at ...
For 2025, Commerzbank expects net interest income to land in the 7.7 billion to 7.9 billion euro range, with annual net commission income growth of 7%. It also forecast a decline in its net result to ...
Commerzbank said today it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp ...
The new Commerzbank CEO has unveiled her strategy for the coming years. With restructuring and cost reductions, business processes are set to be streamlined, making the bank leaner and more efficient.
Michael Lee Strategy founder Michael Lee discusses the January CPI report and DOGE's effort to slash government spending on ...
The results mark a year since chief executive CS Venkatakrishnan announced a three-year plan aimed at boosting growth and returning £10bn to shareholders. Group revenue climbed 24 per cent to £7bn, ...