CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy's Treasury picked him ...

Caltagirone last year expanded his investments in Italy's financial sector and is now a key shareholder in bailed-out bank ...

Commerzbank reiterated on Friday that it will not meet with UniCredit for formal discussions until it receives a specific ...

Italian bank Monte dei Paschi di Siena said Friday that it was launching a bid for its larger rival Mediobanca, a potential ...

The surprise move is the latest amid a wave of consolidation in the country’s banking industry in recent months and would ...

Italy’s bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger ...

Italy's UniCredit bank said on Tuesday it would not rush a possible takeover of German rival Commerzbank and was willing to walk away but would wait first for the German election's outcome.

UniCredit has announced plans to bring its back-office activities for securities services across Italy and Germany in house, ...

The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of ...

Commerzbank AG has labeled the approach from UniCredit SpA as unwelcome, marking an escalation in the German lender’s rhetoric.

Commerzbank reiterated on Friday that it will not meet with UniCredit for formal discussions until it receives a specific proposal from the Italian bank, which has ruffled feathers in Berlin with ...

Italian bank Monte dei Paschi di Siena said Friday that it was launching a bid for all Mediobanca shares in a potential 13.3 billion euro ($13.9 billion) deal.