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Technical Summary

Hourly

News

European banks weather Ukraine war in Q1 earnings

LONDON, May 5 (Reuters) - European banks counted the rising cost of war in Ukraine on Thursday as France's Societe Generale, Credit Agricole and Italy's UniCredit upped provisions for the conflict without shattering investors' confidence in their prospects. The Italian lender, one of Europe's banks most exposed to Russia where it runs AO UniCredit
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UniCredit surprises with buyback as it tackles Russia exit

* Regulators approved 1.6 bln euro buyback * Russia provisions hit profit, but revenues beat forecasts * Cuts Russia exposure, says full exit is 'complicated' * Expects to have clarity on Russia endgame in Q2 (Recasts after analyst call) By Valentina Za MILAN, May 5 (Reuters) - UniCredit CRDI.MI cheered investors by saying it would soon start a 1.6
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Credit Agricole tells Rome no plans to win control of Banco sources

* Credit Agricole became leading investor in country's No.3 bank * Move has stoked speculation of full takeover * Rome would look with concern at such an option, source says By Giuseppe Fonte and Valentina Za ROME, April 13 (Reuters) - Credit Agricole CAGR.PA has told Italy's Treasury it has no plans to take control of Banco BPM BAMI.MI , two sourc
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France's Credit Agricole takes 9.2% stake in Italy's Banco BPM

* Says it did not seek clearance to go above 10% * Banco BPM looking for merger partner * UniCredit had readied bid for Banco BPM By Valentina Za and Andrea Mandala MILAN, April 8 (Reuters) - Credit Agricole CAGR.PA has bought a 9.2% stake in Italy's third-largest lender Banco BPM BAMI.MI , the French bank said late on Thursday, increasing exposure
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Third time lucky? Why Banco BPM appeals to UniCredit CEO

By Valentina Za and Andrea Mandala MILAN, March 2 (Reuters) - Italy's third-largest bank Banco BPM BAMI.MI has occupied a special place on the wish list of Andrea Orcel since the veteran dealmaker took the reins at UniCredit CRDI.MI last April, several sources have said. Fruitless negotiations with Italy's government over a possible rescue deal for
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