unicredit

Companies, European economy, Markets 27th July 2026

Commerzbank open to negotiating its takeover by UniCredit

The growing shareholder support secured by the Italian bank makes it necessary to initiate a “constructive and transparent” dialogue. Reported by the Consejeros Editorial Team After months of trying to resist, Commerzbank has agreed to open talks with UniCredit regarding a potential takeover. The growing shareholder support secured by the Italian bank makes it necessary to initiate a “constructive and transparent” dialogue to protect the interests of shareholders, employees and…

Markets, Stoxx50 2nd December 2019

Unicredit, Santander and Lloyds Are Morgan Stanley’s Top Picks To Invest In The European Banking Sector

In their “European Banks: At a turning point?”, Morgan Stanley analysts explain that interest rates are still low but seem to have reached their bottom and that they don’t expect any further cuts to depo rates.

Italian banks: the risk has been exaggerated

Companies, Markets 17th August 2018

Unicredit: Attributable profits fall (-13.3%), but it maintains its potential thanks to lower costs

Bankinter | Unicredit´s ordinary BNA has fallen to 1.024 billion euros in the second quarter of 2018 (Q2 2018) (-13.3%) but has beaten expectations. The principle figures compared with expectations for Q218 (Reuters): Gross Margin: 4.947 M€ (-4.3%; -3.3% t/t); provisions: -504 M€ (-23%; 1.5% t/t); BNA: 1.024 B€ (-13.3%; -7.9% t/t vs 975 M€ expected).

Unicredit and Societe Generale have been studying their merger for months.

In Europe 5th June 2018

Unicredit And Société Générale Study Merger: Would Create Third Biggest European Bank

According to the economic press, Unicredit and Societe Generale have been studying their merger for months, but the political instability in Italy has caused this to be delayed. The combination of the two banks would create the third largest bank in Europe in term of market capitalisation.

In Europe 13th April 2016

Italy’s Rescue Fund Atlante: No Sector Solution, But An Effective Tool For Pressing Issues

UBS | Il Messaggero published yesterday a draft memo with some details of Atlante, the system -wide fund that has been created to secure banks’ recapitalisations and purchase NPLs.

Markets 5th August 2014

EZ investor confidence dropped to its lowest level in a year

MADRID | The Corner | The Eurozone Sentix Index fell 2.7 points in August, its lowest level in a year, from 10.1 reached in July. The analysts’ consensus had expected that the indicator would go back to 9 points. Sentix attributes in a press release this decline to the approved economic sanctions against Russia and points out that “As this slump derives from an event which is subject to politics and power play, the central banks, particularly the European Central Bank, will have difficulty in trying to counter this.”