Showing 1 to 11 of 11 results
Commerzbank Raises 2025 Profit Target Amidst Unicredit Takeover Bid
Commerzbank's Q2 2024 profit reached €462 million, exceeding analyst expectations despite restructuring costs and a takeover defense against Unicredit, prompting a €2.5 billion 2025 profit target increase. The bank is cutting 3,900 jobs while simultaneously creating others and repurchasing shares.
Commerzbank Raises 2025 Profit Target Amidst Unicredit Takeover Bid
Commerzbank's Q2 2024 profit reached €462 million, exceeding analyst expectations despite restructuring costs and a takeover defense against Unicredit, prompting a €2.5 billion 2025 profit target increase. The bank is cutting 3,900 jobs while simultaneously creating others and repurchasing shares.
Progress
44% Bias Score
Sabadell's Share Price Soars Amidst BBVA Takeover Bid
Amidst a hostile takeover bid from BBVA, Sabadell's share price has surged 65% due to strong fundamentals, shareholder return pledges, and a new strategic plan focused on Spain, leading analysts to predict further price increases if the bid fails.
Sabadell's Share Price Soars Amidst BBVA Takeover Bid
Amidst a hostile takeover bid from BBVA, Sabadell's share price has surged 65% due to strong fundamentals, shareholder return pledges, and a new strategic plan focused on Spain, leading analysts to predict further price increases if the bid fails.
Progress
48% Bias Score
Santander to Acquire TSB Bank for €3.1 Billion
Banco Santander will acquire TSB Bank from Banco Sabadell for €3.1 billion, creating the UK's third-largest bank by current accounts and fourth by mortgages, with projected synergies of €460 million and a 13% CET1 capital ratio by 2025.
Santander to Acquire TSB Bank for €3.1 Billion
Banco Santander will acquire TSB Bank from Banco Sabadell for €3.1 billion, creating the UK's third-largest bank by current accounts and fourth by mortgages, with projected synergies of €460 million and a 13% CET1 capital ratio by 2025.
Progress
40% Bias Score
Italian Bank Mergers Face €3 Billion Shortfall Due to Rising Share Prices
Italian banks face a shortfall of approximately €3 billion in their current merger and acquisition bids due to rising target share prices; this includes Banco BPM's offer for Anima, Unicredit's bid for Banco BPM, MPS's offer for Mediobanca, Banca Ifis's bid for Illimity and Bper's offer for Popolare...
Italian Bank Mergers Face €3 Billion Shortfall Due to Rising Share Prices
Italian banks face a shortfall of approximately €3 billion in their current merger and acquisition bids due to rising target share prices; this includes Banco BPM's offer for Anima, Unicredit's bid for Banco BPM, MPS's offer for Mediobanca, Banca Ifis's bid for Illimity and Bper's offer for Popolare...
Progress
32% Bias Score
Mediobanca Rejects €13 Billion Takeover Bid from Monte dei Paschi
Mediobanca shareholders rejected Monte dei Paschi's €13 billion takeover bid on Tuesday due to its lack of industrial rationale and potential harm to Mediobanca's business. Monte dei Paschi shares fell 1.32%, and Mediobanca's dropped 2.7%.
Mediobanca Rejects €13 Billion Takeover Bid from Monte dei Paschi
Mediobanca shareholders rejected Monte dei Paschi's €13 billion takeover bid on Tuesday due to its lack of industrial rationale and potential harm to Mediobanca's business. Monte dei Paschi shares fell 1.32%, and Mediobanca's dropped 2.7%.
Progress
40% Bias Score
Greek Households Shift €19 Billion to Investment Products Amidst Low Interest Rates
Since early 2022, Greek households invested €19 billion in investment products, including €8 billion in mutual funds, due to economic recovery, investor confidence, and higher bond yields, a trend expected to continue pushing investors toward higher-risk assets.
Greek Households Shift €19 Billion to Investment Products Amidst Low Interest Rates
Since early 2022, Greek households invested €19 billion in investment products, including €8 billion in mutual funds, due to economic recovery, investor confidence, and higher bond yields, a trend expected to continue pushing investors toward higher-risk assets.
Progress
44% Bias Score
Dutch Banks Report Mixed Q2 Results Amidst Economic Uncertainty
ING's Q2 profit fell 6% to €606 million due to lower interest income, while ABN AMRO announced a €250 million share buyback and interim dividend; the Dutch state further reduced its ABN AMRO stake by selling €1.56 billion worth of shares.
Dutch Banks Report Mixed Q2 Results Amidst Economic Uncertainty
ING's Q2 profit fell 6% to €606 million due to lower interest income, while ABN AMRO announced a €250 million share buyback and interim dividend; the Dutch state further reduced its ABN AMRO stake by selling €1.56 billion worth of shares.
Progress
44% Bias Score
BBVA's Sabadell Takeover Bid Nears Conclusion Amidst Concerns Over Offer Price
BBVA's hostile takeover bid for Sabadell is entering its final stage, with the acceptance period expected to run from July to September. The offer, currently perceived as insufficient by analysts, might be increased before the deadline.
BBVA's Sabadell Takeover Bid Nears Conclusion Amidst Concerns Over Offer Price
BBVA's hostile takeover bid for Sabadell is entering its final stage, with the acceptance period expected to run from July to September. The offer, currently perceived as insufficient by analysts, might be increased before the deadline.
Progress
48% Bias Score
Spanish Banks Sue Government Over New Tax
Spanish banking associations AEB and CECA filed legal action against Spain's new bank tax, citing negative impacts on lending, investment, and competitiveness; the ECB, Bank of Spain, and IMF also voiced opposition.
Spanish Banks Sue Government Over New Tax
Spanish banking associations AEB and CECA filed legal action against Spain's new bank tax, citing negative impacts on lending, investment, and competitiveness; the ECB, Bank of Spain, and IMF also voiced opposition.
Progress
40% Bias Score
Mediobanca Rejects €7 Billion Takeover Bid from MPS
Mediobanca rejected Banca Monte dei Paschi di Siena's €7 billion takeover bid on Tuesday, citing concerns about shareholder value destruction and incompatibility of business models; MPS shares dropped nearly 10% following the announcement.
Mediobanca Rejects €7 Billion Takeover Bid from MPS
Mediobanca rejected Banca Monte dei Paschi di Siena's €7 billion takeover bid on Tuesday, citing concerns about shareholder value destruction and incompatibility of business models; MPS shares dropped nearly 10% following the announcement.
Progress
48% Bias Score
Unicredit Expands Commerzbank Stake to 28 Percent Amidst German Government Opposition
Unicredit increased its stake in Commerzbank to about 28 percent, exceeding its previous holdings significantly, aiming for 29.9 percent, which prompted criticism from the German government.
Unicredit Expands Commerzbank Stake to 28 Percent Amidst German Government Opposition
Unicredit increased its stake in Commerzbank to about 28 percent, exceeding its previous holdings significantly, aiming for 29.9 percent, which prompted criticism from the German government.
Progress
44% Bias Score
Showing 1 to 11 of 11 results