Commerzbank Seeks Wealth Fund Investor in Asia, Mideast
Commerzbank AG is talking to sovereign wealth funds about becoming an anchor investor to shore up its defenses
2023-12-02 00:16
UniCredit Lent About $650 Million to Benko’s Troubled Signa
UniCredit SpA has lent about €600 million ($655 million) to companies that are part of Austrian tycoon Rene
2023-12-01 17:57
Citi Is in Group That Lent Money to Insolvent Signa Unit
Citigroup Inc. is among lenders that have provided credit to a now-insolvent unit of Rene Benko’s Signa group
2023-11-29 02:16
What We Know About Banks at Risk From Benko’s Crumbling Empire
The crumbling of Austrian tycoon Rene Benko’s property empire has investors on edge. Swiss lender Julius Baer Group
2023-11-23 22:59
Europe’s Banks to Focus on Cost Cuts as Rates-Driven Boom Fades
European lenders are set to focus more on cost savings in 2024, as benefits from rising interest rates
2023-11-17 18:54
Greece to Sell Alpha Bank Stake to UniCredit
Greece has agreed the sale of a 9% stake in Alpha Bank to UniCredit SpA, according to a
2023-11-13 16:20
Allianz Beat Estimates as Pimco Sees Third Quarter of Inflows
Allianz SE reported a third-quarter profit that beat analysts’ estimates as its giant bond manager Pacific Investment Management
2023-11-10 14:57
UniCredit Seeks Better Terms on Nexi Processing Services Deal
UniCredit SpA is seeking to renegotiate its processing deal with payments company Nexi SpA, in a further sign
2023-11-07 20:57
ING Plans €2.5 Billion Buyback as Higher Rates Buoy Profit
ING Groep NV announced a bigger share buyback program than analysts had expected as higher interest rates continued
2023-11-02 15:57
Alexey Kuzmichev: Sanctioned Russian tycoon detained in France
Putin-ally Alexei Kuzmichev was held as French police carried out raids on his properties.
2023-10-31 20:17
Mediobanca Investors Back CEO Nagel Despite Del Vecchio’s Vote
A majority of Mediobanca SpA investors voted to keep Alberto Nagel as chief executive officer for the next
2023-10-28 22:48
Meloni Can’t Stop Spooking Italy’s Bond Investors
No matter how alert Italian Prime Minister Giorgia Meloni is to the dangers, she just can’t seem to
2023-10-04 13:52