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
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
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
Italy Seeks Monte Paschi Deal in Push to Create New Banking Hub
Italy is seeking to turn Banca Monte Paschi di Siena SpA into the country’s third largest bank by
2023-09-27 16:21
Meloni’s Allies Clash Over Plans to Sell Italy’s Monte Paschi
Italy’s governing coalition is fighting over plans to sell state-owned assets, including the world’s oldest bank, to bolster
2023-09-04 12:50
Lagarde Policy Silence Keeps ECB Interest-Rate Debate Raging
Christine Lagarde’s avoidance of a clear signal of intent for European Central Bank policy has just thrown a
2023-08-28 16:54