Sat, April 5, 2025
Fri, April 4, 2025
Mon, March 31, 2025
[ Mon, Mar 31st ]: Insider
Gen Z's career apocalypse
Sun, March 30, 2025
[ Sun, Mar 30th ]: Newsweek
The Texas Business Boom
Sat, March 29, 2025
Fri, March 28, 2025
[ Fri, Mar 28th ]: Moneycontrol
Stocks to Watch Today
Thu, March 27, 2025
[ Thu, Mar 27th ]: Santander
Santander Share
Wed, March 26, 2025

Unipol chair hints that ING could be studying Popolare di Sondrio bid


  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. g-could-be-studying-popolare-di-sondrio-bid.html
  Print publication without navigation Published in Business and Finance on by Reuters
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source


  Unipol Chairman Carlo Cimbri said on Friday a foreign bank was studying a potential bid for Popolare di Sondrio to rival the one unveiled by Italy's BPER Banca .

The article from MSN discusses a potential acquisition in the Italian banking sector. Caltagirone, the chairman of Unipol, hinted that ING, a Dutch banking group, might be considering a bid for Banca Popolare di Sondrio, an Italian cooperative bank. This speculation arises amidst a backdrop of consolidation in Italy's banking industry, where smaller banks are increasingly becoming targets for larger financial institutions looking to expand their market share. The interest from ING could be part of a broader strategy to strengthen its presence in Italy, especially following the trend where foreign banks are eyeing Italian banks for acquisition. However, no official statements or confirmations have been made by ING regarding this potential move.

Read the Full Reuters Article at:
[ https://www.msn.com/en-gb/money/other/unipol-chair-hints-that-ing-could-be-studying-popolare-di-sondrio-bid/ar-AA1BRnIW ]

Publication Contributing Sources