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Italian banks must quit Russia, ECB's Panetta says
Reuters via Yahoo Finance· 3 days agoAfter Austria's Raiffeisen Bank International, UniCredit is the European bank with the largest exposure to Russia, while Intesa Sanpaolo ...
Euro Likely to Struggle Ahead of Expected ECB Rate Cut Next Week
The Wall Street Journal· 18 hours agoThe euro has proved to be resilient but it should struggle to make gains ahead of a widely expected...
UniCredit studies 'every possible M&A target', rules out SocGen, CEO tells FT
Reuters· 6 days agoCiting people with knowledge of its Russia exposure, the newspaper also reported that UniCredit would book provisions for potential losses in its next quarterly results after ...
European banks in Russia face 'awful lot of risk', Yellen says
Reuters via Yahoo Finance· 3 days agoU.S. Treasury Secretary Janet Yellen told Reuters that European banks face growing risks operating...
Gerresheimer stock jumps on news it will acquire Blitz LuxCo By Investing.com
Investing.com· 5 days agoFollowing the news, shares of Gerresheimer jumped 13%. Blitz LuxCo Sarl is the holding company of...
Business | May 25th 2024 Edition
The Economist· 5 days agoA court in St Petersburg froze assets belonging to Commerzbank, Deutsche Bank and UniCredit, three European lenders, in a lawsuit brought by a subsidiary...
Exclusive: Emirati bank FAB in advanced talks to buy Turkey's Yapi Kredi
Reuters· 6 days agoFinal details of the potential deal for Turkey's fourth-biggest private bank are being hammered out...
Société Générale CEO Slawomir Krupa’s promise less, deliver more approach keeps investors guessing
Fortune· 6 days agoThe former investment banker was brought in to revive a firm that had trailed rivals after a series of setbacks and broken promises. Krupa’s solution was to promise less and deliver more, an ...
Germany's Gerresheimer to acquire Blitz LuxCo for $866 million
Reuters via AOL· 5 days agoThe medical equipment maker said the transaction will be financed by a consortium of banks consisting of UniCredit, Commerzbank and LBBW and is expected to close in fourth ...
Bond Markets Await ECB’s Negotiated Wage Index, PMI Data
The Wall Street Journal· 5 days agoGovernment bond markets await flash estimate French, German and eurozone PMIs, while the ECB’s...
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