In 2025, Unicredit is preparing to reorganize mergers and alliances, starting with an agreement with Prelios for impaired loans. Meanwhile, it is playing the game with Amundi for managed savings, with new moves coming
Intesa Sanpaolo dominates the Eurozone in 2024 with a capitalization of 68,8 billion, surpassing Santander and Bnp Paribas. Unicredit leads the way at Piazza Affari with over 5 million contracts and 78 billion in value
Among the new MPS directors are Alessandro Caltagirone and Elena De Simone as non-independent, joined by the independents Marcella Panucci, Francesca Renzulli and Barbara Tadolini
In Q2024 11,1, European banks recorded a ROE of 15,7%, but Italian banks stand out with a 7%, surpassing France and Germany (under XNUMX%). Despite the decline in loans, capital strength and liquidity remain robust, with recovery forecasts…
The options had been sold before November 25, the day of the announcement of the takeover bid, had an expiry date of December 20 and were exercised by the counterparty at 6,8 euros per share.
"Governments cannot choose based on their liking, they should intervene only in cases where financial stability is at stake" Messina tells the FT, adding: "A third big player will emerge in Italy"
In a letter to the Financial Times, Unicredit CEO Andrea Orcel explains the reasons for the Commerz and Banco Bpm operations: "They are tests that will make us understand if we are serious about integration starting from the banking union
1.481 exits expected net of old-age pension 200 relocations. Agreements also signed on health care and the pension fund, with an increase in company contributions. The company supplementary contract extended until 2026
The Senate has approved the establishment of a commission of inquiry into the banking, financial and insurance system to investigate crises and protect savers. The commission will have powers similar to those of the judicial authority and will present an annual report
They resigned: Paolo Fabris De Fabris, Lucia Foti Belligambi, Laura Martiniello, Annapaola Negri Clementi, Donatella Visconti
Unicredit rises to 28% of Commerzbank and the stock runs. The position remains only an investment at the moment, says a note from the institute. The government's comment is harsh: "uncoordinated and unfriendly approach"
The complaint, signed by three external lawyers, aims to ascertain whether the 10,1 billion exchange offer is correct or rather “unproceedable”
Change at the top in spring at Credit Agricole, the third French bank and the swing vote in the challenge between Unicredit and Banco Bpm. The new CEO will be elected at the May meeting
Unicredit has filed documents with Consob for the offer on Banco Bpm: what it means. Banco Bpm's defensive strategy: timing, options on the table and the weight of Anima. Orcel: "In continuous discussion with all stakeholders"
The Authority has given unconditional approval to the voluntary public purchase offer launched on 6 November
After years of constraints and stringent controls, the Sienese bank can now focus on its recovery and shareholder remuneration
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 Milanese SGR led by Alessandro Melzi d'Eril with its tempting portfolio of managed savings is at the centre of the players' interests
For Anima, November closed with a positive net collection in managed savings (formerly branch I insurance delegations) of 3 million euros (+660 since the beginning of the year)
Banco Bpm, here's what analysts think about Crédit Agricole's move to rise to 15,1% in the capital of Piazza Meda: what it means for Unicredit and what points of agreement can be found (but also which not) between the "banque…
Banco Bpm, surprise French move on Piazza Meda: Crédit Agricole rises to 15,1% and asks the Italian authorities to be able to reach almost 20%. A defensive strategy in view of the game that Orcel is playing for Unicredit. Here…
While waiting for the official offer of Unicredit for Ban co Bpm to be presented to Consob, the latter's CEO, Giuseppe Castagna, is considering launching a friendly takeover bid for Monte dei Paschi, which however requires the approval of the two…
Amundi, controlled by Credit Agricole, is interested in acquiring Allianz Global Investor (Agi). This would create a group with over 2.500 billion euros of assets under management
Caltagirone responded to Unicredit's takeover bid for Banco Bpm, which effectively disrupts the third banking group, by purchasing additional shares of Monte dei Paschi and rising above 5%.
Anima continues to trade above the price of Banco Bpm's takeover bid, raising doubts about buyers and strategies. The relaunch of the offer is possible, but the situation is complicated by the interest of Unicredit and the role of Mps
Fitch joins Moody's in positively assessing both Unicredit and its takeover bid on Banco Bpm. The stock soars on the stock exchange and drags the entire banking sector with it. Meanwhile, the prospectus is awaited for the…
Guest on Quarta Repubblica, Prime Minister Meloni stated: "We make market assessments, but in the national interest". The market awaits the possible countermove by Banco Bpm, Fitch confirms Unicredit's rating
Orcel wants to speak face to face with the CEO of Credit Agricole, which controls Amundi, and flies to Paris. If they don't find an agreement, the French will step in and create a mega-pole
"Unicredit's takeover bid for Banco Bpm makes industrial sense": with these words, Intesa Sanpaolo chief Carlo Messina has effectively blessed Andrea Orcel's operation, on which the final decision will be up to the ECB and its shareholders alone...
While in Piazza Meda they are looking for all possible ways to contain Unicredit's proposal, Orcel receives a positive rating from Moody's
Moody's confirms Unicredit's rating, positively assessing the acquisition of Banco Bpm and the expansion with Commerzbank. The operations will strengthen the group's financial profile thanks to greater diversification and synergies in the medium-long term
Financial analysts expect Unicredit to relaunch the 10,1 billion euro offer presented for Banco Bpm, which it judged inadequate
For the Ministry of Economy and Finance, everything seemed perfect, after the sale in mid-November of another MPS share to friendly shareholders. There is another 12% to sell: who cares now?
Banco Bpm, the board of directors rejects Unicredit's offer: "The takeover bid does not reflect our potential value". Furthermore, according to the board, the merger could undermine legal autonomy. Anima takeover bid prospectus filed with Consob
First appointment today, after the blitz of Unicredit, with the board of directors of Banco Bpm that rejects the Ops launched by Orcel. Here are the stages and scenarios: deadline by June 2025
The exchange rate is expected to be 0,175 newly issued Unicredit shares for each Banco Bpm share on the market. But considering the pre-opa levels on Anima "the premium is between 12% and 20%. A European colossus will be born.…