SoftBank is targeting France with a massive plan worth up to €75 billion for data centers and AI infrastructure. Meanwhile, Masayoshi Son's group has surpassed Toyota in market value.
At the Commerzbank shareholders' meeting, management again recommended against UniCredit's offer, sparking protests from shareholders. The share price of the Italian stock exchange, Piazza Gae Aulenti, is at 42%, net of treasury shares.
The buyer is a well-established private investor based in the United Arab Emirates. The deal includes the spinoff of the Russian subsidiary AO Bank. The stock rose in Milan.
The bank chaired by Enrico Marchi and led by Lucio Izzi closed its best year ever and decided to launch its internationalization plan with a focus on Luxembourg.
Société Générale launches a restructuring in France, cutting 1.800 jobs by 2027. Cuts without forced layoffs, criticism from the CGT, and markets rewarding the turnaround led by Krupa.
Cherry Bank increases its stake in Banca Macerata from 9,7% to 19,1% following approval from the ECB. Its presence in the Marche region and support for businesses and families have been strengthened.
Accenture acquires the Italian company specializing in core banking, IT managed services, and operations, strengthening the capabilities of Accenture Financial Advanced Solutions & Technology. This is the eighth acquisition in Italy since 2023.
Intesa Sanpaolo consolidates its role as a financial bridge between the US and Europe in the bond markets, with over €30 billion in Yankee and Reverse Yankee issues managed by the IMI CIB Division led by Mauro Micillo.
Crédit Agricole closed the first nine months of 2025 with growing profits and a record quarter, thanks in part to the revaluation of its stake in Banco BPM. In Italy, profits reached nearly €1,2 billion and funding reached €344 billion, but…
Soprarno SGR, controlled by Banca Ifigest, has changed its name to L&B Capital SGR following the acquisition of MIP – Milano Investment Partners SGR. The UCITS funds will retain the Soprarno name, in keeping with their historical identity.
European banks pass the EBA and ECB's 2025 stress tests. Italy leads the way in capital strength, even in recessionary scenarios. France and Germany, however, fare worse.
Highest profit in the last five years for Banca Ifis whose board of directors, after the green light from Consob to the document relating to the takeover bid for Illimity Bank, also approved the capital increase to service the operation. On the stock exchange the stock gains…
Bini Smaghi, chairman of Société Générale, received the highest honor bestowed by the French state in recognition of his 40 years of contributions to the international economic and financial sector. The honor was presented, by order of Macron, by Jean-Claude…
Banca Ifis' takeover bid for Illimity Bank sends the stock soaring above the 3,55 euro mark. CEO Geertman: "The price reflects the current value". The shareholders' meeting will approve the capital increase in mid-April, with the deal expected to close by September…
In the 20 years since its listing, Azimut has multiplied its invested capital by 15 (100.000 euros have become 1,5 million euros. The value of the bank under study is estimated between 1,8 and 2,2 billion
Interview with engineer Massimo Proverbio, Chief Technology Officer of Intesa Sanpaolo. "The Group's digital acceleration involves the retraining of around 8 thousand colleagues and the hiring of around 4.600 people" and investments of 5 billion euros "to better address…
The new structure of the bank led by Carlo Messina starts on 2 April. Generational turnover and valorisation of internal resources. The Wealth Management division will be merged into a single structure and will be led by Tommaso Corcos. A new area is born…
Interview with Antonio Valitutti, CEO of Isybank, the digital bank of the Intesa Sanpaolo group which is growing visibly and which aims to gather one million new customers by next year and bring its…
