UniCredit SpA (CRDI.MI)
24 May 2019
The following factors could affect Italian markets on Friday.
MILAN Funds that built big short positions in Italy's leading banks from early 2018 have lowered the size of their bets in the last few months as political worries eased, regulatory data shows.
* PM says banks agree to provide CZK 6 billion in initial equity
ROME/MILAN Italy's banks could come to the rescue of Carige to safeguard financial stability after U.S. asset manager BlackRock dropped a planned bid for the struggling regional lender, the chairman of UniCredit said on Wednesday.
ROME/MILAN, May 15 Italy's banks could come to the rescue of Carige to safeguard financial stability after U.S. asset manager BlackRock dropped a planned bid for the struggling regional lender, the chairman of UniCredit said on Wednesday.
ROME, May 15 The chairman of Italy's biggest lender, UniCredit, raised the prospect on Wednesday of a joint banking-industry rescue for struggling regional bank Carige if it were deemed necessary to safeguard financial stability.
May 14 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
FRANKFURT/LONDON UniCredit has stepped up preparations for a potential bid for Germany's Commerzbank by drafting in investment bankers including a former top German official, three people familiar with the matter said.
European shares gained on Tuesday, recovering most of the previous session's losses, as optimistic comments from Washington and Beijing helped soothed investors' fears about the top two economies' intensifying trade spat. | Video
* Renault hit as Nissan flags big earnings drop (Updates to close, changes quote)