Kian Abouhossein, head of European bank equity research and global IB coverage at JP Morgan, discusses UniCredit's bid to buy Banco BPM.
The lender reinvigorated a stalled wave of European banking consolidation, bidding more than $10 billion for smaller Italian peer Banco BPM.

Unicredit in €10bn swoop for Banco BPM

03:48am, Monday, 25'th Nov 2024
Unicredit launches a takeover bid for Italian rival Banco BPM in a deal worth approximately €10bn. President-elect Donald Trump names billionaire hedge fund manager Scott Bessent as Treasury Secreta
UK banking stocks were subdued following what looks to be the first stirrings of consolidation in the sector with Italy's UniCredit bidding €10.1 billion in an all-stock bid to acquire rival Banco
UniCredit has started an all-share takeover bid for domestic rival Banco BPM, valued at €10.1 billion ($10.6 billion). Joe Easton reports on Bloomberg Television.
UniCredit on Monday offered to snap up its domestic rival Banco BPM for roughly 10 billion euros ($10.5 billion). The deal would, if completed, merge two of Italy's largest lenders.
Italian lender UniCredit said on Monday it has offered to buy rival Banco BPM in a stock deal valued at about 10.09 billion euros ($10.57 billion).
German Finance Minister Joerg Kukies said on Sunday he did not expect UniCredit to go ahead with plans for a takeover of Germany's Commerzbank due to the objections raised by the government in Berlin.
Erik Nielsen, group chief economics advisor at UniCredit, discusses the ECB's December meeting, and the need for a Capital Markets Union in Europe.
UniCredit CEO Andrea Orcel on Friday ruled out moving the bank's headquarters to Germany if it acquires Commerzbank , adding the Italian lender would want to wait for a new government in Berlin before
Commerzbank CEO Bettina Orlopp said on Friday that it was up to the bank's management - not the government - to decide on any possible tie-up with Italy's UniCredit.

Commerzbank names new CFO amid UniCredit approach

04:26am, Thursday, 21'st Nov 2024
Commerzbank on Thursday named Carsten Schmitt as its new chief financial officer, a crucial role at Germany's No. 2 lender as it seeks to fend off an approach by Italy's UniCredit for a tie-up.
The CEOs of Germany's Commerzbank and UniCredit had an extensive talk for the second time since Italy's No. 2 bank disclosed in September that it had snapped up a significant stake, the Handelsblatt n
Commerzbank is weighing the acquisition of a mid-sized German bank as part of its strategy to fend off a possible takeover by Italy's UniCredit , three people with knowledge of the matter told Reuters
UniCredit S.p.A. (OTCPK:UNCRY) Q3 2024 Earnings Conference Call November 6, 2024 4:00 AM ET Company Participants Andrea Orcel - Chief Executive Officer Stefano Porro - Chief Financial Officer Conferen
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