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United Kingdom

Gianluca Semeraro

Italy's UniCredit looks to ring-fence foreign assets - sources

09 Jul 2019

ROME Italy's biggest bank by assets, UniCredit , plans to review its corporate structure and could ring-fence its foreign operations from its systematically risky home market, two sources said on Tuesday.

Exclusive: Italy's UniCredit puts possible Commerzbank bid on ice for now - sources

24 Jun 2019

LONDON/MILAN Italy's UniCredit has put a possible bid for Commerzbank on ice as the German rival does not want to engage in negotiations so soon after the collapse of merger talks with Deutsche Bank, four sources said.

Intesa to sell up to 5 billion euros in UTP loans to Prelios: sources

22 May 2019

MILAN Intesa Sanpaolo will offload only up to 50 percent of a 10 billion euro ($11 billion) portfolio of so-called "unlikely-to-pay" (UTP) loans whose sale it is negotiating with Prelios, three sources familiar with the matter said.

Intesa to sell up to 5 bln euros in UTP loans to Prelios-sources

22 May 2019

MILAN, May 22 Intesa Sanpaolo will offload only up to 50 percent of a 10 billion euro ($11 billion) portfolio of so-called "unlikely-to-pay" (UTP) loans whose sale it is negotiating with Prelios, three sources familiar with the matter said.

UPDATE 1-Mediobanca eyes Julius Baer's Kairos in asset management drive

09 May 2019

MILAN, May 9 Mediobanca is looking at Julius Baer's Italian asset manager Kairos as part of plans to expand its wealth management business, the bank's CEO said on Thursday.

Italian bank fund could take Carige stake in BlackRock rescue - Intesa CEO

30 Apr 2019

TURIN, Italy A rescue plan for Italy's Carige by U.S. asset manager BlackRock would allow a fund financed by Italian lenders to take part in a cash call at the Genoa-based bank, the chief executive of Intesa Sanpaolo said on Tuesday.

Italy's UniCredit says it is among banks accused of running bond cartel

11 Apr 2019

MILAN Italy's biggest lender UniCredit said it is among a group of banks accused of running a cartel in trading euro zone government bonds between 2007 and 2012, years when financial crises dragged down banks and several European countries.

Italy's UniCredit says among banks accused of running bond cartel

11 Apr 2019

MILAN, April 11 Italy's biggest lender UniCredit said it is among a group of banks accused of running a cartel in trading euro zone government bonds between 2007 and 2012, years when financial crises dragged down banks and several European countries.

Unicredit könnte bei Frankfurter Bankenehe dazwischenfunken

04 Apr 2019

- von Andreas Framke und John O'Donnell und Gianluca Semeraro

UPDATE 1-BlackRock, Varde set to submit bids for Italy's Carige -sources

25 Mar 2019

MILAN, March 25 U.S. funds Varde Partners and BlackRock plan to submit rival bids for troubled Italian lender Banca Carige by mid-April, three sources close to the matter said on Monday.

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