XM does not provide services to residents of the United States of America.
U
U

UniCredit


News

Sergio Ermotti has a path to Wall Street-style pay

BREAKINGVIEWS-Sergio Ermotti has a path to Wall Street-style pay The author is a Reuters Breakingviews columnist. The opinions expressed are his own. Updates to add graphic. By George Hay LONDON, March 28 (Reuters Breakingviews) - Sergio Ermotti is well rewarded or underpaid, depending on which side of the Atlantic you’re on. UBS UBSG.S on Thursday revealed it had handed its chief executive 14.4 million Swiss francs ($15.9 million) for the nine months since he returned to lead the Swiss lender
D
G
H
J
U
U

Italy's Azimut eyes partner for planned fintech bank

UPDATE 2-Italy's Azimut eyes partner for planned fintech bank Recasts with quotes from chairman in paragraphs 3-6 By Giancarlo Navach MILAN, March 28 (Reuters) - Italian asset manager Azimut Holding AZMT.MI set out plans on Thursday to spin off part of its network of financial advisers and merge it into a new digital bank, adding it was looking at outside investors taking a stake of up to 50% in the new unit.
A
U

Italy says it has broadly met EU commitments on Monte Paschi

UPDATE 3-Italy says it has broadly met EU commitments on Monte Paschi Italy bailed out Monte Paschi di Siena in 2017 Rome sold a 12.5% stake on Tuesday, now holds 26.7% Minister says pledge to Brussels was to cede control Adds source in paragraph 9 By Giuseppe Fonte ROME, March 27 (Reuters) - Italy has broadly met re-privatisation commitments agreed with Brussels over bailed-out bank Monte dei Paschi di Siena (MPS) BMPS.MI after the market placement of a 12.5% stake, Economy Minister Giancarlo G
U
B
B
M

UniCredit, Nexi agree broad terms for new payments accord, source says

UPDATE 1-UniCredit, Nexi agree broad terms for new payments accord, source says Recasts with details from source, analyst calls ROME, March 27 (Reuters) - Italian bank UniCredit CRDI.MI and payments company Nexi NEXII.MI have agreed on broad t erms to renegotiate their existing working agreement , a person with knowledge of the matter said, confirming press reports.
U

Italy further cuts Monte dei Paschi stake, raises 650 mln euros

RPT-UPDATE 2-Italy further cuts Monte dei Paschi stake, raises 650 mln euros Repeats story that ran late on Tuesday with no changes to text By Giuseppe Fonte, Valentina Za and Pablo Mayo Cerqueiro ROME, March 26 (Reuters) - Italy on Tuesday sold a further 12.5% stake in bailed-out lender Monte dei Paschi di Siena (MPS) BMPS.MI , pocketing 650 million euros ($704 million) and advancing plans to re-privatise the world's oldest bank after a failed first attempt in 2021. The transaction, carried out
C
M
U
B
B
M

Italy further cuts Monte dei Paschi stake, raises 650 mln euros

RPT-UPDATE 2-Italy further cuts Monte dei Paschi stake, raises 650 mln euros Repeats story that ran late on Tuesday with no changes to text By Giuseppe Fonte, Valentina Za and Pablo Mayo Cerqueiro ROME, March 26 (Reuters) - Italy on Tuesday sold a further 12.5% stake in bailed-out lender Monte dei Paschi di Siena (MPS) BMPS.MI , pocketing 650 million euros ($704 million) and advancing plans to re-privatise the world's oldest bank after a failed first attempt in 2021. The transaction, carried out
C
M
U
B
B
M

UniCredit, Nexi have agreed broad terms to renegotiate payments accord, newspaper says

UniCredit, Nexi have agreed broad terms to renegotiate payments accord, newspaper says ROME, March 27 (Reuters) - Italian bank UniCredit CRDI.MI and payments company Nexi NEXII.MI have agreed on the broad principles to renegotiate their existing agreement, the Il Sole 24 Ore newspaper reported on Wednesday. The deal will be revised under more favourable terms for UniCredit and is set to be finalised in the coming months, the daily reported, citing unspecified own sources.
U

Italy - Factors to watch on March 27

Italy - Factors to watch on March 27 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 . DEBT Treasury sells 3.0-3.5 billion euros 3.35% BTP bonds due July 1, 2029; 1.0-1.25 billion euros 3.85% BTP bonds due Dec.
E
U
J
M
P
I
U

Italy further cuts Monte dei Paschi stake, raises 650 mln euros

UPDATE 2-Italy further cuts Monte dei Paschi stake, raises 650 mln euros Updates with outcome of sale By Giuseppe Fonte, Valentina Za and Pablo Mayo Cerqueiro ROME, March 26 (Reuters) - Italy on Tuesday sold a further 12.5% stake in bailed-out lender Monte dei Paschi di Siena (MPS) BMPS.MI , pocketing 650 million euros ($704 million) and advancing plans to re-privatise the world's oldest bank after a failed first attempt in 2021. The transaction, carried out through an accelerated bookbuilding p
C
M
U
B
B
M

Spain's battle of the banks as BBVA narrows gap to Santander

ANALYSIS-Spain's battle of the banks as BBVA narrows gap to Santander BBVA narrows value gap with rival Santander Shares gain since U.S. exit, Mexico business boost Rivalry shows how investors reward banks in high-rate era CFO says Santander will flourish as rates decline Adds Barclays downgrading BBVA and upgrading Santander in paragraph 18, updates shares in paragraphs 21-22 By Jesús Aguado MADRID, March 25 (Reuters) - BBVA's share price has more than trebled since late 2020, narrowing its va
B
S
U

Energy stocks to 'catch up' to oil prices - Morgan Stanley

LIVE MARKETS-Energy stocks to 'catch up' to oil prices - Morgan Stanley STOXX 600 down 0.3% Inflation data eyed this week Ageas drops Direct Line buyout plans Wall Street futures inch lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com ENERGY STOCKS TO 'CATCH UP' TO OIL PRICES - MORGAN STANLEY An upward inflection in earnings revisions and the Federal Reserve's dovish pivot cou
U
B
B
D
M
U
F
I
U
G

Italian banking M&A: "the bar is high"

LIVE MARKETS-Italian banking M&A: "the bar is high" STOXX 600 down 0.4% Inflation data eyed this week Ageas drops Direct Line buyout plans Wall Street futures inch lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com ITALIAN BANKING M&A: "THE BAR IS HIGH" Banking stocks in Italy have been outstanding gainers in their sector over the past couple of years, as rising interest rates
U
B
B
M
F
I
U
G

Spain's battle of the banks as BBVA narrows gap to Santander

ANALYSIS-Spain's battle of the banks as BBVA narrows gap to Santander BBVA narrows value gap with rival Santander Shares gain since U.S. exit, Mexico business boost Rivalry shows how investors reward banks in high-rate era CFO says Santander will flourish as rates decline By Jesús Aguado MADRID, March 25 (Reuters) - BBVA's share price has more than trebled since late 2020, narrowing its valuation gap to Santander and highlighting a divergence in fortunes between the Spanish banks that may be sh
B
S
U

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Maersk ,International Holding Company, Belgian insurer Ageas SA and Qualcomm March 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2 000 GMT on Friday: ** Qualcomm QCOM.O on Friday said it has terminated its bid to acquire Autotalks, an Israeli firm that makes communications chips to help prevent car crashes.
A
C
M
Q
U
V
D

UniCredit names Izzo interim head of legal as Alessandro steps down

MOVES-UniCredit names Izzo interim head of legal as Alessandro steps down MILAN, March 22 (Reuters) - Italian bank UniCredit CRDI.MI has appointed Rita Izzo, its head of legal affairs for digital and operations, as interim general counsel for the group, replacing Gianpaolo Alessandro, three people close to the matter said. UniCredit declined to comment.
U

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Summit Midstream Partners Updates: Vodafone March 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** Pipeline operator Summit Midstream Partners SMLP.N said it would sell its Utica assets to a unit of midstream energy company MPLX LP MPLX.N for about $625 million in cash.
C
M
U
V

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions March 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** EU antitrust regulators have resumed their investigation into British Airways owner IAG's ICAG.L 400-million-euro ($432.7 million)) bid to buy out Air Europa, according to an update on the European Commission website.
C
M
U
V

UniCredit sells 4.99% in Webuild at 2.2 euros per share through ABB

UniCredit sells 4.99% in Webuild at 2.2 euros per share through ABB MILAN, March 22 (Reuters) - Italy's second-largest bank UniCredit CRDI.MI sold its 4.99% stake in construction group WeBuild WBD.MI at 2.2 euros per share through an accelerated book-building procedure, a source close to the deal said on Friday. The bank sold 50.9 million shares, the source said, for a total of 112 million euros ($121.20 million).
U

Top BPER investor puts forward Gianni Franco Papa as new CEO of bank

UPDATE 1-Top BPER investor puts forward Gianni Franco Papa as new CEO of bank Adds background in paragraphs 4-7 MILAN, March 22 (Reuters) - BPER Banca's EMII.MI largest investor on Friday put forward former UniCredit CRDI.MI executive Gianni Franco Papa as the candidate to take the top job at Italy's fourth-largest lender. BPER shareholders will meet to name a new board on April 19. The bank's top investor, insurer Unipol UNPI.MI , is proposing replacing CEO Piero Montani, a turnaround expert th
U
U
B

Italy - Factors to watch on March 22

Italy - Factors to watch on March 22 The following factors could affect Italian markets on Friday. 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 . DEBT The Treasury said on Thursday it would offer 8.5 billion euros in 6-month and 12-month BOT bills at auction on March 26. Treasury to sell 2.5-2.75 billion euros 3.20% BTP Short bonds due Jan.
E
E
L
U
U
U
B
B
F
I
U



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.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.