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1 week ago | 
marketscreener.com | Andrea Mandala
MILAN (Reuters) -Banco BPM raised its 2025 guidance after a bigger-than-expected 38% rise in first quarter net profit driven by fee and trading income which more than offset the hit from lower interest rates, it said on Wednesday. The bank, the target of a hostile 13.7 billion euro all-share offer by UniCredit, reported a net profit of 511 million euros ($581 million) for the January-March period, up from 370 million a year earlier.
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1 week ago | 
ca.marketscreener.com | Andrea Mandala
MILAN (Reuters) -Banco BPM raised its 2025 guidance after a bigger-than-expected 38% rise in first quarter net profit driven by fee and trading income which more than offset the hit from lower interest rates, it said on Wednesday. The bank, the target of a hostile 13.7 billion euro all-share offer by UniCredit, reported a net profit of 511 million euros ($581 million) for the January-March period, up from 370 million a year earlier.
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1 week ago | 
today.westlaw.com | Valentina Za |Andrea Mandala
MILANO (Reuters) -Banco BPM sees room to explore other potential M&A opportunities if Unicredit drops its takeover bid, Chief Executive Giuseppe Castagna said, adding however that the standalone path "is very satisfactory".
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4 weeks ago | 
msn.com | Andrea Mandala
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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1 month ago | 
ca.marketscreener.com | Andrea Mandala
MILAN (Reuters) - Two shareholders in Italy's Monte dei Paschi di Siena (MPS), with a combined stake of 9%, will back a share issue proposed by the bank to fund its hostile bid for rival Mediobanca. Banco BPM, which holds a 5% stake in MPS, said it would vote in favour of issuing the necessary MPS shares in a ballot scheduled on April 17. Separately, two sources said Anima Holding, with a 4% shareholding, would do likewise.
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1 month ago | 
insurancejournal.com | Andrea Mandala
Italian financial group Unipol aims to generate 1 billion euros ($1.1 billion) in capital over the next three years to boost its finances and have money for investments. Unveiling its “Stronger/Faster/Better” plan for 2025-2027, Italy’s second biggest insurer said on Friday it would target a total net profit of 3.8 billion euros ($4.1 billion). That compares with 2.3 billion euros under the previous three-year plan, a goal that Unipol surpassed.
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1 month ago | 
msn.com | Elvira Pollina |Andrea Mandala |Amy-Jo Crowley
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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1 month ago | 
businesslive.co.za | Elvira Pollina |Andrea Mandala |Amy-Jo Crowley
Milan — MFE-MediaForEurope , the TV group controlled by Italy’s Berlusconi family, has called a board meeting on Wednesday to review a possible bid for German rival ProSiebenSat.1, three sources with knowledge of the matter said. MFE, which runs TV operations in Italy and Spain, has built a near 30% stake in ProSieben as part of a strategy to create a pan-European advertising-funded broadcaster.
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1 month ago | 
msn.com | Elvira Pollina |Andrea Mandala |Amy-Jo Crowley
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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1 month ago | 
today.westlaw.com | Valentina Za |Andrea Mandala |Tommy Wilkes |Joe Bavier
MILAN (Reuters) -The European Central Bank has issued a negative opinion on Banco BPM's request for favourable capital treatment for its proposed bid for fund manager Anima, the Italian bank said, in a potential blow to other deals relying on the...
