bloomberg.com
During four decades in Italian finance, Luigi Lovaglio has seen it all. But his latest pitch as chief executive officer of Banca Monte dei Paschi di Siena SpA is bold even by the standards of this veteran banker: a twin takeover worth about €34 billion ($40 billion).
about 2 months ago
bloomberg.com
Banco Santander SA and Centerbridge Partners LP received clearance from the European Commission for joint control of the UK payments group Ebury.
about 2 months ago
bloomberg.com
After refocusing Deutsche Bank on its home market, CEO Christian Sewing has emerged as one of the most influential executives in Berlin.
3 months ago
bloomberg.com
Germany’s fund industry welcomed plans by Chancellor Friedrich Merz for a reform of the retirement system that would require employees to invest part of their income in capital markets.
4 months ago
bloomberg.com
Germany renewed its staunch opposition to UniCredit SpA’s proposed €39 billion ($45 billion) takeover of Commerzbank AG on the final day of the formal acceptance period.
4 months ago
bloomberg.com
Commerzbank AG expressed fresh doubts whether the rising acceptance level of UniCredit SpA’s takeover bid is a full reflection of investor support.
4 months ago
bloomberg.com
UBS Group AG estimated that the now-decided element of new Swiss banking rules will reduce company-wide CET1 capital by $4 billion once fully implemented, as it renewed its critique of the overall reform package.
6 months ago
bloomberg.com
Commerzbank AG Chief Executive Officer Bettina Orlopp fired back at her counterpart at UniCredit SpA, Andrea Orcel, after he issued a heavy critique of her strategy.
6 months ago
bloomberg.com
Banca Monte dei Paschi di Siena SpA formally removed ousted Chief Executive Officer Luigi Lovaglio after it had stripped him of his powers for defying the board’s plan to replace him.
6 months ago
bloomberg.com
Ousted Banca Monte dei Paschi di Siena SpA Chief Executive Officer Luigi Lovaglio said he expects to win a new term at the helm of the Italian lender despite efforts by the board of directors to replace him.
7 months ago
bloomberg.com
The ongoing boom in synthetic risk transfers may eventually prompt the European Central Bank to rein in the practice, analysts at JPMorgan Chase & Co. said.
7 months ago