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 ...
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Explainer: What is the Danish Compromise that Banco BPM was counting on?
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 ...
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 ...
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 ...
Banco BPM Shares Fall After ECB Opposes Applying Lenient Rules on Anima Deal
The so-called 'Danish Compromise' rules allow acquisitions of asset managers by banks to be carried out through insurance subsidiaries to consume less capital. BPM said it heard from the ECB that ...
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 ...
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 ...
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UniCredit CEO to Review Banco BPM Bid After Anima Deal Completed
UniCredit has said it may retract its offer for Banco BPM if it can’t use the Danish Compromise in the Anima acquisition.
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 ...