Greece's Alpha Bank reported higher net earnings for the first half of the year on Friday, backed by strong fee income and credit expansion.

US Federal Reserve governor Michelle Bowman has signalled her support for three interest rate cuts this year, citing weakening labour market data as a justification for beginning reductions as soon as ...

In parallel with its pursuit of Banco BPM at home, UniCredit has strategically built stakes abroad. The bank is amassing a 29% position in Commerzbank and raised its holding in Greece’s Alpha ...

Italy's UniCredit withdrew its takeover bid for smaller rival Banco BPM on Tuesday, blaming government intervention for scuppering the 15 billion-euro ($17 billion) deal.

UniCredit's board of directors has announced the withdrawal of its bid for Banco BPM, after months of negotiations and intervention by the Italian government.

UniCredit put forward a €10bn bid for BPM in November just weeks after it had built a substantial stake in Commerzbank. The offer, which took Rome by surprise, was immediately rejected by BPM.

UniCredit raised its full-year net profit guidance, moving on from its now abandoned attempt to take over Italian peer Banco BPM amid a row with Rome.

UniCredit (UNCFF) (UNCRY) has withdrawn its offer to buy Banco BPM (BNCZF), it said on Tuesday, after failing to secure timely state approval in a setback the bank called a missed opportunity for ...

Summary UniCredit delivered another set of excellent results for Q2, with its return on tangible equity remaining over 20% despite lower interest rates in the Eurozone. Net interest revenue ...

UniCredit's board of directors has announced the withdrawal of its bid for Banco BPM, after months of negotiations and intervention by the Italian government.