LIVE Canada retaliates, places tariffs on $107 billion of US imports Stuttgart - Delayed Quote • EUR Banco BPM SpA (BPM.SG) Follow Compare 9.65 +0.14 +(1.43%) At close: March 3 at 4:34:11 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations UniCredit Chief Orcel to Meet Italy Officials to Talk Bank Deals (Bloomberg) -- The Italian government is planning to meet with UniCredit SpA Chief Executive Andrea Orcel as early as Monday to discuss topics including the bank’s hostile bid for Banco BPM, according to people familiar with the matter.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC Office Buildings See Resurgence as Investors P UniCredit's takeover target Banco BPM secures investor backing to sweeten Anima bid MILAN (Reuters) -Banco BPM on Friday secured shareholder approval for its decision to pay more to buy fund manager Anima Holding, a key plank of the Italian bank's defence strategy against suitor UniCredit. UniCredit in late November swooped on Banco BPM, which has long been a natural takeover target for the bigger peer given its roots in Italy's wealthy Lombardy region, where UniCredit's market share is considered too small. UniCredit's 10 billion euro all-share bid had put at risk the buyout offer Banco BPM had launched two weeks earlier to take full control of Anima. UniCredit brings forward vote on Banco BPM bid, ups number of shares it can issue UniCredit said on Thursday its board has moved up to March 27 a shareholder vote previously scheduled for April 10 to approve issuing new shares to finance a takeover bid for Banco BPM. Italian bank UniCredit in November launched a 10 billion euro all-share offer for the smaller rival, whose market value has since reached 13.7 billion euros. UniCredit said it was increasing to 278 million, from a previous 266 million, the maximum number of new shares to be issued to finance the bid, saying the amount covered any misalignment in share prices due to dividend payments. BofA downgrades Swedbank, Banco BPM on limited upside Investing.com -- Bank of America downgraded Swedbank (ST:SWEDa) to 'Underperform' and Banco Bpm (BIT:BAMI) to 'Neutral' given a lack of catalysts for further upside in both stocks. Banco BPM SpA (BNCZF) Full Year 2024 Earnings Call Highlights: Record Net Income and Strategic ... Banco BPM SpA (BNCZF) reports a record net income of EUR 1.9 billion, with strategic plans for future growth and increased dividend payouts. UniCredit’s Orcel Says Confident On Winning BPM Deal Backing (Bloomberg) -- UniCredit SpA Chief Executive Officer Andrea Orcel said he’s not holding any live talks with Credit Agricole SA to discuss his bid for Banco BPM SpA, while signaling confidence a deal can be done.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank SaysThe Forgotten French Architect Who Rebuilt Marseille“We need to be quite careful with any interaction b Banco BPM Raises Targets, Sweetens Bid for Anima The lender lifted its offer for asset manager Anima as it outlined higher midterm targets and seeks to defend itself from an unsolicited UniCredit takeover approach. Banco BPM Raises Takeover Offer for Asset Manager Anima (Bloomberg) -- Banco BPM SpA raised its bid for asset manager Anima Holding SpA, indicating that the Italy’s third-largest bank is determined to win over investors as it seeks to defend from the takeover attempt of UniCredit SpA.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperThe Italian lender boosted its offer to €7 from BPER CEO says Italy's M&A wave prompted defensive bid for Pop Sondrio MILAN (Reuters) -BPER Banca's CEO on Friday said its 4.3 billion euro ($4.5 billion) all-share takeover bid for smaller peer Banca Popolare di Sondrio was a defensive move prompted by a raft of merger proposals across Italy's banking industry. Mid-sized Italian banks like BPER have long been seen as candidates for consolidation. Previously, BPER had explored a tie-up with Banco BPM but they never reached an accord. 3 Dividend Stocks Offering Yields From 3% To 6.2% In a week marked by volatility and geopolitical tensions, global markets have experienced mixed performances, with the U.S. Federal Reserve holding rates steady amidst ongoing inflation concerns and AI competition fears impacting tech stocks. As investors navigate these uncertain times, dividend stocks can offer a measure of stability through regular income streams; this article explores three such stocks providing yields between 3% and 6.2%, making them potentially attractive options for... UniCredit Heats Up Italy Finance Battle With Generali Stake (Bloomberg) -- Andrea Orcel has made another surprise move in the fight to dominate the Italian financial system.Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHow the 2025 Catholic Jubilee Is Reshaping RomeHistoric London Elevator Faces Last Stop in Labour’s Housing PushThe UniCredit SpA chief executive officer on Sunday unveiled a 4.1 Giorgia Meloni’s supremacy threatened by €10bn banking merger Since taking power, Giorgia Meloni has stamped her authority on Italy to emerge as one of Europe’s strongest leaders. Top Dividend Stocks To Enhance Your Portfolio As global markets navigate mixed performances with U.S. indices showing resilience despite recent economic data challenges, investors are increasingly seeking stability and consistent returns in their portfolios. In this environment, dividend stocks emerge as a compelling option, offering not only potential income but also the prospect of long-term growth amidst fluctuating market conditions. Italy’s Banca Ifis Bids $308.7 Million for Illimity Amid Sector Consolidation The takeover offer values the specialty lender at around $309 million as banking consolidation in the country heats up. Germany opposes UniCredit’s move to raise Commerzbank stake UniCredit is seeking regulatory approval to further increase its stake in Commerzbank to up to 29.9%. Germany rejects UniCredit's latest Commerzbank stake hike in strongest rebuke yet MILAN/BERLIN (Reuters) -Germany rejected UniCredit's latest Commerzbank stake increase as an "uncoordinated and unfriendly approach" on Wednesday, strongly rebuking the Italian bank. UniCredit, which angered Berlin when it emerged as Commerzbank's biggest private investor in September, said it had raised its stake in Commerzbank to 28% using derivatives. "Today's news is remarkable because UniCredit had previously publicly emphasised that it did not want to take any further action before the federal elections," a German government spokesperson said in response to the development. Italy's BPM asks market watchdog to protect stakeholders after UniCredit bid MILAN (Reuters) -Italy's Banco BPM said it has asked market watchdog Consob to adopt measures to protect the bank's stakeholders and its bid for Anima, after rival UniCredit launched its own bid for BPM. Banco BPM had complained before that UniCredit's 10 billion euro all-share bid jeopardised its buyout proposal for fund manager Anima. UniCredit CEO says $10.5 billion Banco BPM bid is fair as offer becomes binding MILAN (Reuters) -UniCredit on Friday filed its buyout offer for rival Banco BPM with Italy's market regulator, and CEO Andrea Orcel said the price was adequate. The filing makes the 10-billion-euro ($10.5 billion) all-share offer, which UniCredit announced on Nov. 25, binding and sets a price floor. UniCredit also applied to relevant authorities for regulatory approval. UniCredit's Orcel was plotting bid before Banco BPM forced hand, sources say MILAN (Reuters) -UniCredit CEO Andrea Orcel has been drawing up plans to take over Banco BPM for years and was almost ready to pull the trigger, two sources close to the matter said. But instead of being able to choose the right moment, UniCredit had to rush out a 10 billion euro bid when Italy's third-largest lender made its own M&A moves, putting Orcel's dealmaking reputation on the line. UniCredit, which was already facing headwinds in its pursuit of Germany's Commerzbank, declined to comment. 3 Dividend Stocks To Consider With Up To 7.2% Yield In recent weeks, global markets have shown mixed performance, with major indices like the S&P 500 and Nasdaq Composite hitting record highs while others such as the Russell 2000 faced declines. Amidst this backdrop of economic reports and geopolitical events, investors are increasingly focused on dividend stocks as a potential source of steady income in a volatile market environment. A good dividend stock often combines stable financial health with consistent payout history, offering... Performance Overview Trailing total returns as of 3/3/2025, which may include dividends or other distributions. Benchmark is FTSE MIB Index Return BPM.SG FTSE MIB Index YTD +25.95% +14.28% 1-Year +110.22% +18.63% 3-Year +364.67% +63.07%