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BANCO BPM MERGER
European shares muted as investors assess AI outlook; banking stocks rallyEuropean shares were subdued as investors assessed the fallout from last week's technology selloff and uncertainties surrounding AI investm...- European shares supported by gains in retail, oil stocksGlobal mood remained subdued after U.S. Treasury Secretary Steven Mnuchin said key pandemic lending programs at the Federal Reserve would e...
- European shares sink on second wave fears, US stimulus doubtsBank shares tracked a decline in bond yields, shrugging off signs of a pickup in M&A activity after a report said Italy's Banco BPM and Fra...
- Timing is still not quite right for Italian banking mergersRegulators have been advocating consolidation, given the necessity to continue reducing costs and improving margins.
- Sharp stock falls mar European trading as HSBC, Banco BPM disappointHSBC shares fell 1.1 per cent after it reported disappointing earnings.
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