Italy takes step towards possible bank M&A with Monte Paschi stake sale
Italy has begun to pave the way for a third big banking group in the country by selling a chunk of state-owned Monte dei ...
New Italy Banking Force Begins to Emerge From Monte Paschi Deal
A possible new force in Italian banking has begun to take shape, after regional lender Banco BPM SpA took a major stake in ...
Morningstar9h
North American Morning Briefing: More Inflation Data Eyed Before Powell Speaks
The euro could break below $1.05-$1.0450, UniCredit Research said ... vulnerable as U.S. data support looks confined to the short end of the Treasury curve, Commerzbank said. Bunds are underperforming ...
European Midday Briefing: Upbeat Earnings Lift Stocks as Powell, U.S. PPI Data Eyed
Bitcoin beat another record Wednesday, reaching $93,000, extending gains for the first and largest token. The rally in Bitcoin and other cryptocurrencies comes after President-elect Donald Trump ...
Italy’s Paschi Stake Sale Is Step in Plan to Spur Bank M&A
Italian Prime Minister Giorgia Meloni moved forward with her plan to use the privatization of Banca Monte dei Paschi di Siena ...
Risk20h
Commerzbank wager swells UniCredit’s IMA RWAs by 62.5%
The derivatives UniCredit used to discreetly build a stake in Commerzbank have inflated the Italian bank’s market risk gauges, lifting model-based capital charges by 62.5% in the third quarter. Market ...