Former Commerzbank executive Marcus Chromik to replace Olivier Vigneron in May
US asset manager will join case over decision when UBS took over struggling rival
While Crédit Agricole’s move to bulk up suggests UniCredit has a tougher negotiation on its hands, there may be a silver lining too
French lender’s stake-building comes in wake of €10.1bn takeover offer from Andrea Orcel’s bank
Call comes amid discontent with Germany’s ruling coalition ahead of snap election in February
Andrea Orcel’s move has frustrated Giorgia Meloni’s plan to merge state-backed Monte dei Paschi di Siena with BPM
Former employee of private bank also charged in case relating to daughter of former Uzbekistan president
Any evidence of consolidation would help
Szymon Midera says mortgage mis-selling costs have depleted funds available to finance switch towards renewables
Italy’s third-largest bank says value of offer is ‘completely unusual’ and fails to reflect its prospects
Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal
Two months ago UniCredit swooped on Germany’s Commerzbank. Now the dealmaker is bidding for Banco BPM
Bid for domestic competitor hits shares in Germany’s Commerzbank, which had been viewed as a target
A transatlantic regulatory arbitrage resurfaces in short-term money markets
Lowball offer for BPM is unlikely to succeed but gives UniCredit’s chief room for manoeuvre
Move in effect bans state-owned bank from global financial system in blow to payments for Moscow’s war effort
Lenders are on course to issue a record amount of synthetic risk transfers this year
‘House bank of the left’ operates against a difficult political and social backdrop
Officials say US rules would increase minimum capital levels by double-digit percentage for biggest EU banks
Italian government offloads most of its remaining stake in Monte dei Paschi
Spain’s CNMC will submit €11bn hostile takeover to a more rigorous ‘phase 2’ review
Frankfurt-headquartered lender has imposed demanding targets on underperforming unit
Pablo Hernández de Cos to take over amid fears Donald Trump will derail progress on setting capital standards for world’s biggest lenders
Chief of Italian lender indicates longer than expected timeline for decision on tie-up between banks
French lender’s chief reshuffles management as company posts higher revenues
