UniCredit and Citi considering asset swaps for Russian business
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict Western banks…
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Intesa Sanpaolo sets aside €800m to cover losses from Russia-Ukraine war
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict Italian banking…
Italy to infuse additional capital in embattled bank MPS
Government-backed Monte Dei Paschi di Siena (MPS) is set to receive additional funds to boost its capital base, Reuters reported citing sources.…
UniCredit puts aside €1.3bn to offset risks from Russian exposure
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict UniCredit has set…
UniCredit renews open banking partnership with Worldline
Italian banking group UniCredit has selected Worldline as its Open Banking Third Party Provider (TPP) provider for two more years. The tie-up…
No plans to take control of Banco BPM, Credit Agricole tells Italy
France’s Credit Agricole has informed Italy’s Treasury that it has no plans to buy a controlling stake in Banco BPM, Reuters reported…
Crédit Agricole buys minority stake in Italy’s Banco BPM
French banking group Crédit Agricole has acquired a 9.18% stake in Italian banking major Banco BPM for an undisclosed sum. Crédit Agricole…
Italian central bank blocks N26 from taking new customers over AML risks
The Italian central bank has barred the local arm of German digital bank N26 from onboarding new customers citing money-laundering lapses. N26…