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 ...
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 ...
Explainer-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 ...
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 ...
Reuters3d
Banco BPM investors holding 6.51% stake oppose UniCredit bid
ROME, March 25 (Reuters) - A group of Banco BPM (BAMI.MI), opens new tab investors, holding 6.51% of the lender, said on Tuesday they backed a plan which envisages a standalone growth of the bank ...
Europe must spend on defence but few can afford debt rise, Villeroy says
Europe needs to increase spending on defence but few countries other than Germany can afford to significantly boost their ...
Banco BPM's bid for Anima over 50% threshold, according to Reuters calculations
The take up for Banco BPM's bid for Anima Holding has potentially crossed the 50% threshold including the bank's own stake, ...
Banco BPM shares dip following ECB’s outlook on Anima Holding takeover
Investing.com -- Banco BPM saw a drop in its shares following a negative stance from the European Central Bank (ECB) on the application of more lenient rules for the Italian bank’s acquisition of ...
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 ...
News Highlights: Top Financial Services News of the Day - Thursday at 4 PM ET
The EU's general court largely backed the Commission's decision to fine the banks in connection with a government bonds cartel. Investor interest and engagement in Chinese equities are "arguably at ...
Deals of the day-Mergers and acquisitions
Elliott Management held talks with private equity groups in recent months to gauge interest in buying Bayer's consumer health business, the Financial Times reported. ** PAI Partners and Bain Capital ...