CreditAgric

Trade Ideas

Traders Sentiment

Technical Summary

Hourly

News

Reuters - 13 minutes ago

How Italian bank M&A heated up with UniCredit bid for Banco BPM

TIMELINE-How Italian bank M&A heated up with UniCredit bid for Banco BPM By Andrea Mandala and Valentina Za MILAN, Dec 11 (Reuters) - Italy's unfolding banking takeover tussles have been long in the making and are predicted to go on for several months. Here is summary of the milestones leading up to UniCredit's all-share buyout offer for Banco BPM and of future events: APRIL 7, 2022 - Credit Agricole CAGR.PA becomes main investor in Banco BPM BAMI.MI with a 9.2% stake, less than two months after

Reuters - 2 hours ago

UniCredit's Orcel was plotting bid before Banco BPM forced hand, sources say

FOCUS-UniCredit's Orcel was plotting bid before Banco BPM forced hand, sources say UniCredit made bid for smaller rival Banco BPM last month Move followed BPM announcing bid for Anima, stake in MPS UniCredit CEO Orcel fighting on two fronts Puts Orcel's M&A credentials to test as BPM shares soar By Valentina Za and Giuseppe Fonte MILAN, Dec 11 (Reuters) - UniCredit CEO Andrea Orcel has been drawing up plans to take over Banco BPM for years and was almost ready to pull the trigger, two sources cl

Reuters - 8 hours ago

First UniCredit-Credit Agricole talks fail to make progress, paper says

First UniCredit-Credit Agricole talks fail to make progress, paper says MILAN, Dec 11 (Reuters) - UniCredit CRDI.MI and Credit Agricole CAGR.PA held a first meeting over Italy's Banco BPM BAMI.MI after the latter invested in rival Monte dei Paschi di Siena BMPS.MI but the talks proved fruitless, la Repubblica daily reported. In an unsourced report on Wednesday, la Repubblica said senior managers from the two banks met after the Monte dei Paschi (MPS) stake placement by the Italian government, ad

Reuters - 11 hours ago

Italy - Factors to watch on Dec. 11

Italy - Factors to watch on Dec. 11 The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Italy will scale back plans to increase taxes on cryptocurrency capital gains , ruling politicians said on Tuesday, following criticism from the affected industry and rows within the party of the economy

Reuters - 1 day ago

Italian asset managers' net inflows up $5 bln in November

Italian asset managers' net inflows up $5 bln in November By Alberto Chiumento and Alessandro Parodi Dec 10 (Reuters) - Italy's five listed asset managers reported combined net inflows of 4.77 billion euros ($5.02 billion) in November, up from an outflow of 868.5 million euros in the same month of 2023. Net inflows of more lucrative managed assets rose to a combined 680.4 million euros, from an outflow of 1.33 billions last year, the data showed.

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.