Banks Have Unfair Edge Over Insurers in M&A Race, NN CEO Says
A top European insurance executive slammed a piece of regulation that has emerged as key driver behind a recent slate of ...
FIRSTonline2d
Banco Bpm: Government will not exercise golden power on Opa Anima, but ECB is expected on Danish Compromise
The Council of Ministers of 10 January accepted the proposal of the Ministry of Economy and Finance of "non-exercise of ...
Reuters3d
Banco BPM says ECB, EBA both reviewing use of 'Danish Compromise' in Anima bid
The ECB has said it will take a case by case approach in deciding whether to grant the use of the Danish Compromise rule. Banco BPM said discussions with the ECB over the issue were ongoing ...
UniCredit CEO Says Price Offered for Banco BPM Is ‘Starting Point’
UniCredit SpA Chief Executive Officer Andrea Orcel indicated he’s open to sweetening the takeover bid he has made for domestic rival Banco BPM SpA.
Nasdaq1mon
KBC Group: KBC’s capital remains well above the minimum capital requirements
The decision leads to a fully loaded overall CET1 requirement for KBC Group (under the Danish Compromise) of 10.88%1. This consists of a Pillar 1 Requirement of 4.50%, a P2R of 1.09%2, a capital ...
Pensions&Investments10h
Banks have unfair edge over insurers in M&A race, NN Group CEO says
The rule known as Danish Compromise gives the region’s lenders “an advantage” when buying investment units, NN Group Chief Executive Officer David Knibbe said in an interview at the World Economic ...
Banco BPM says ECB, EBA both reviewing use of 'Danish Compromise' in Anima bid
The European Central Bank has sought a regulatory clarification from the European Banking Authority over a request by Italy's Banco BPM to apply favourable rules known as "Danish Compromise" in its ...