Italy's Banco BPM has struck a deal with trade unions on 550 new hirings in exchange for 1,110 voluntary early retirements, ...
Banco BPM will cut 587 jobs after reaching an agreement for voluntary redundancies and new hires with trade unions, the Italian bank said.
Banco BPM SpA urged Italy’s market regulator Consob to take measures to protect the bank’s stakeholders after UniCredit SpA’s ...
Banco BPM SpA is exploring two main options to fend off a takeover by rival UniCredit SpA: boosting its financial targets as ...
Italian bank Banco BPM is preparing to give Citigroup and Lazard a mandate to advise over an unsolicited takeover bid by ...
Divided between two takeover courtships, UniCredit's Andrea Orcel may need to decide between going big abroad or staying home ...
Agreements also signed on health care and the pension fund, with an increase in company contributions. The company ...
Orcel has been out of favour in Rome since he snubbed a chance to buy MPS from the state in 2021, deeming as insufficient the ...
In the possible wedding between Unicredit and Banco Bpm, the swing vote will be Crédit Agricole, but the top management of the Milanese bank is working to study a defensive strategy ...
The deal is anticipated to have a “non significant” effect on Crédit Agricole's Common Equity Tier 1 (CET 1) capital ratio.
Banco BPM shares spiked on Monday after the French lender Crédit Agricole announced it was boosting its stake in the Italian ...
Crédit Agricole boosted its stake in BPM — borrowing a strategy UniCredit used on Commerzbank. The French bank insists it doesn’t aim to buy BPM. The Italian government seems OK with that.