The Milan-based bank called the stake a “pure financial investment”, emphasising it has no strategic interest in the insurer.

LONDON (Reuters) -Dutch lender ING Group is looking for opportunities to buy rival banks in major European countries to boost its size, its chief executive told Reuters, potentially joining a wave of ...

Analysts have been eager to weigh in on the Financial sector with new ratings on UniCredit SpA (UNCFF – Research Report) and Nordea Bank Abp ...

Ah, Italy—land of pasta, unparalleled art, and apparently, corporate intrigue worthy of a Shakespearean drama. Enter ...

Commerzbank's exposure to the SME market could result in increased credit losses in an economic downturn. Although the bank does cover expected credit losses adequately, we believe, IFRS 9 rules could ...

UniCredit has been involved recently in a flurry of dealmaking activity, including a bid for Banco BPM and a raised stake in ...

UniCredit (UNCRY) has built a stake of less than 4% in Assicurazioni Generali (ARZGY), Sonia Sirletti and Tiago Alfaro of Bloomberg reports, ...

UniCredit on Sunday disclosed a 4.1% stake in Generali , a move that the bank said had no strategic intentions but which ...

MILAN (Reuters) - Shares in Monte dei Paschi fell further on Tuesday as the board of Mediobanca (OTC: MDIBY) gathered to ...

LONDON (Reuters) -Dutch bank ING Groep (AS: INGA) said on Tuesday it had reached an agreement to sell its business in Russia ...

Tuscany’s bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca.

Walmart’s latest brand and logo update has left some social media users baffled. On Jan. 13, the company announced in a press release on its website that it was launching a “comprehensive ...