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 ...
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 ...
European Banks' Record Takings Fuel M&A Talk As Pressures On Industry Persist
For years, pressure on European banks and asset managers to bulk up to better compete with US rivals has been mounting. This ...
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.
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 ...
Analysis-European banks' record takings fuel M&A talk as pressures on industry persist
For years, pressure on European banks and asset managers to bulk up to better compete with U.S. rivals has been mounting. This year may mark a turning point as more boardrooms explore combinations, ...