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 ...
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 ...
Risk13h
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 ...
GlobalCapital20h
REWE Group agrees to new €2.5bn loan
The other bookrunners and mandated lead arrangers were BNP Paribas, CaixaBank, CSOB, Erste Group, ING, Intesa Sanpaolo, ...
Germany Says It Can’t Thwart Potential Hostile Commerzbank Deal
The German government said it wouldn’t be able to thwart an acquisition of Commerzbank AG by UniCredit SpA, highlighting the ...
jacobin23h
Germany’s Project for Europe Is in Tatters
For decades, German governments have pursued the project of a free-market European empire. Today the war in Ukraine and US ...