A clash between Italy and the European Commission over whether Rome has the right to impose tough conditions on domestic bank mergers escalated on Monday, when a warning letter from Brussels drew a ...

The European Union said Italy's intervention in the proposed takeover of lender Banco BPM by larger peer UniCredit potentially breaches European rules on mergers.

The European Commission said on Monday that special conditions set by Rome on Italian bank UniCredit's takeover bid for its smaller rival Banco BPM may be in breach of EU rules.

The European Commission said Monday that it has sent the Italian government a letter expressing reservations about the use of ...

An Italian court has upheld the government’s demand that UniCredit exit its Russian operations as a condition for proceeding with its €45bn takeover of domestic rival Banco BPM, while striking down ...

The European Commission has told Italy that imposing certain conditions on UniCredit's planned bid for Banco BPM could breach EU law, it said in a statement on Monday.

An Italian court lifted two conditions imposed by officials on UniCredit's bid for Banco BPM, while upholding others, marking the latest development in a takeover battle set to reshape the country's ...

Credit Agricole aims to nudge up its shareholding in Banco BPM to just over 20%, solidifying its strategic position in the Italian lender that is currently a UniCredit takeover target.

An Italian court has scrapped some of the conditions Rome had set to clear UniCredit's takeover offer for Banco BPM, except a ...

MILAN: An Italian court has backed the government's order to UniCredit to exit Russia as a condition for its US$16bil bid for ...

UniCredit SpA said it will assess the next steps on its takeover plan for Banco BPM SpA amid doubts over whether the deal ...