Banco BPM to proceed with Anima bid despite 'Danish Compromise' snag
Banco BPM intends to proceed with its bid for fund manager Anima Holding , despite the European Central Bank's stance on ...
EBA says it can't answer Banco BPM's query on 'Danish Compromise' use
The European Banking Authority (EBA) has declined to address a query by Banco BPM on whether the Italian bank can tap ...
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Explainer: What is the Danish Compromise that Banco BPM was counting on?
MILAN, March 26 (Reuters) - (This March 26 story has been corrected to show that the EBA in 2023 issued the regulatory clarification, requested in 2021, in paragraph 11) It is a regulatory ...
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Danish Compromise, the ECB and EBA's blunders weigh on the Italian risk game
The delay with which the ECB denied the Danish Compromise for the Banco Bpm takeover bid on Anima and the EBA's refusal to ...
ECB opposes 'Danish Compromise' use for Italy's Banco BPM-Anima deal
The European Central Bank has issued a negative opinion on Banco BPM's request for favourable capital treatment for its ...
Santander and BBVA Seek Favourable Capital Treatment From ECB, Cinco Dias Reports
MADRID (Reuters) - Spanish lenders Santander and BBVA are negotiating with the European Central Bank (ECB) to get a more ...
UniCredit Gets ECB Approval for Banco BPM Buy, to Weigh Options
MILAN (Reuters) - UniCredit, Italy's second-biggest bank, has received European Central Bank authorisation for its 14 billion ...
UniCredit CEO to Review Banco BPM Bid After Anima Deal Completed
UniCredit SpA Chief Executive Officer Andrea Orcel said he’ll wait for the outcome of Banco BPM SpA’s bid for asset manager ...
Banco BPM Shares Fall After ECB Opposes Applying Lenient Rules on Anima Deal
The so-called 'Danish Compromise' rules allow acquisitions of asset managers by banks to be carried out through insurance subsidiaries to consume less capital. BPM said it heard from the ECB that ...
What is the Danish Compromise that Banco BPM was counting on?
The European Central Bank on Wednesday gave a negative opinion on the possibility for Banco BPM to use more favourable ...
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EBA says it can't answer Banco BPM's query on 'Danish Compromise' use
MILAN (Reuters) - The European Banking Authority (EBA) said it was not able to answer a query by Banco BPM on whether the Italian bank could tap favourable capital rules for insurance holdings to its ...