ECB opposes 'Danish Compromise' use for Italy's Banco BPM-Anima deal
The European Central Bank has issued a negative opinion on Banco BPM's request for favourable capital treatment for its ...
Banco BPM to proceed with Anima bid despite 'Danish Compromise' snag
Banco BPM intends to proceed with its bid for fund manager Anima Holding , despite the European Central Bank's stance on ...
What is the Danish Compromise that Banco BPM was counting on?
The European Central Bank on Wednesday gave a negative opinion on the possibility for Banco BPM to use more favourable ...
UniCredit secures ECB, Bank of Italy nod for Banco BPM bid
The authorisations mark the final step before Italian securities regulator Consob can complete the review of the offer ...
EBA says it can't answer Banco BPM's query on 'Danish Compromise' use
The European Banking Authority (EBA) has declined to address a query by Banco BPM on whether the Italian bank can tap ...
UniCredit Gets ECB Approval for Banco BPM Buy, to Weigh Options
MILAN (Reuters) - UniCredit, Italy's second-biggest bank, has received European Central Bank authorisation for its 14 billion ...
ECB to decide by next week on wider use of favourable capital rule, source says
The European Central Bank will decide at the latest by next week whether favourable capital rules on banks' insurance ...
Wall Street Journal5d
Banco BPM to Press Ahead With Anima Bid After ECB Leans Against Lighter Rule
BPM had previously said its offer was subject to the application of the so-called Danish Compromise rules, which allow acquisitions of asset managers by banks to be carried out through insurance ...
Santander and BBVA Seek Favourable Capital Treatment From ECB, Cinco Dias Reports
MADRID (Reuters) - Spanish lenders Santander and BBVA are negotiating with the European Central Bank (ECB) to get a more ...
Reuters7d
Explainer: What is the Danish Compromise that Banco BPM was counting on?
The Danish Compromise was devised as a temporary arrangement aimed at easing the introduction of international banking rules known as "Basel framework" which the EU adopted through the CRR.
Yahoo Finance4d
UniCredit gets ECB approval for Banco BPM buy, to weigh options
UniCredit has the right to drop its bid for BPM without the Danish Compromise benefits, and it reiterated that it would closely monitor the effects on BPM's profitability and capital levels in ...