The big hope is that Europe will move faster to implement reforms in the face of competitive threats from the U.S.

Monte dei Paschi launched a near-$14 billion offer to buy counterpart Mediobanca, a fresh twist in the consolidation of Italy ...

BERLIN (Reuters) - Commerzbank reiterated on Friday that it will not meet with UniCredit for formal discussions until it ...

Gold futures rose to three-month highs on general uncertainty and a weaker U.S. dollar, and are approaching all-time highs.

Commerzbank chief Bettina Orlopp shot down an invitation from Andrea Orcel to hold informal talks about a potential tie-up with UniCredit, and has instead insisted on receiving a written proposal ...

Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer Mediobanca in a surprise move that could reshape the country’s banking sector ...

The eurozone's largest economy, Germany, booked a second straight year of contraction in 2024, figures showed last week, while its second-largest, France, likely recorded anemic growth in the year's ...

Italian lender Monte dei Paschi di Siena has launched a €13.3bn takeover offer for its larger domestic rival Mediobanca. The offer, announced on Friday, values Mediobanca’s shares at €15.99 each, a 5 ...

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