Banco BPM intends to proceed with its bid for fund manager Anima Holding , despite the European Central Bank's stance on ...

The European Central Bank on Wednesday gave a negative opinion on the possibility for Banco BPM to use more favourable ...

The European Banking Authority (EBA) has declined to address a query by Banco BPM on whether the Italian bank can tap ...

Banco BPM intends to proceed with its bid for fund manager Anima Holding regardless of the regulators' stance on capital ...

The authorisations mark the final step before Italian securities regulator Consob can complete the review of the offer ...

MILAN (Reuters) - UniCredit, Italy's second-biggest bank, has received European Central Bank authorisation for its 14 billion ...

Italy’s Banco BPM BAMI-2.54%decrease ... 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 ...

That plan received a setback on Wednesday when Banco BPM said that the European Central Bank has issued a negative opinion on the use of the Danish Compromise in the deal. The final decision on ...

Banco BPM, Italy's third-largest lender, and French bank BNP Paribas, had both made requests to the ECB to use what is known as the 'Danish Compromise' in takeovers of asset managers carried out ...

MILAN (Reuters) -The European Central Bank has issued a negative opinion on the application of so-called "Danish compromise" rules to the ongoing takeover by Banco BPM of Anima Holding, a source close ...

MILAN, March 26 (Reuters) - (This March 26 story has been corrected to show that the EBA in 2023 issued the regulatory clarification, requested in 2021, in paragraph 11) It is a regulatory ...