Private-credit firms tend to accept much higher loan-to-value ratios than banks, raising default risks, Moody's says. Bank of New York Mellon logged higher-than-expected earnings and revenue in the ...

The European Commission can order Italy to withdraw the conditions it has set to clear UniCredit's bid for Banco BPM , the ...

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Brussels warns Italy over UniCredit–Banco BPM deal, saying Rome’s golden power decree may breach EU law and overstep ECB oversight.

Crypto Assets Rally Ahead of Possible U.S. Legislation Crypto is continuing its bull run at the start of what has been dubbed "Crypto Week" in Washington, where the House of Representatives will ...

Italy has been hit by a preliminary EU warning over its restrictions on UniCredit’s planned takeover of Banco BPM.

The Financial Times covers a range of developments, including the UK's subsidy program for electric vehicles, LVMH's labor ...

The European Commission cries foul over Italy’s use of national security rules to effectively block UniCredit’s bid for BPM.

The European Commission said on Monday that special conditions set by Rome on Italian bank UniCredit's takeover bid for its smaller rival Banco BPM may be in breach of EU rules.

A clash between Italy and the European Commission over whether Rome has the right to impose tough conditions on domestic bank mergers escalated on Monday, when a warning letter from Brussels drew a ...

Rome’s use of the ‘Gold Power’ rule to impose conditions on the merger is controversial because the two companies are both ...