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.

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 ...

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.

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

Credit Agricole SA is seeking to further increase its stake in Banco BPM SpA, reinforcing its position as a major shareholder and potentially complicating UniCredit SpA’s effort to acquire the Italian ...

BRUSSELS — Italian Prime Minister Giorgia Meloni secured a qualified victory on Saturday after a top court supported her ...

Unicredit Tower in Milan, Italy] boggy22/iStock Editorial via A court in Italy has ruled against several restrictions placed on UniCredit (OTCPK:UNCFF [ To keep reading, please log in to your account ...

A bitter clash between the EU and Rome over a proposed bank merger reveals two contrasting visions for Europe.

Dimon – the go-to for US authorities when looking for a rescue buyer for ailing banks during times of crisis, having taken on ...

Italy's Economy Minister Giancarlo Giorgetti on Friday criticised the country's banks for their focus on wealth management ...