The ride-hailing giant this week disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. It’s working with advisers to study ...

European shares edged higher on Monday, tracking a rebound in global equities following a selloff last week, as investors also assessed ear...

A group of nine European banks, including ING and UniCredit, is creating a new company to launch a euro-backed stablecoin, highlighting tra...

A Russian court in Saint Petersburg rules to seize 239 million euros from Deutsche Bank and 463 million euros from UniCredit in Russia. Eur...

UniCredit has received several offers from Russian financial institutions to buy its local subsidiary since its chief executive, Andrea Orc...

A growing list of financial firms are looking to exit Russia, with Deutsche Bank, Goldman Sachs and JPMorgan Chase winding down business th...

Investors worry banks will again need to hike loan loss provisions, which had been declining after the pandemic-driven spike in 2020. The c...

The Italian index rose 0.6 per cent, out-doing the pan-European STOXX 600 which gained 0.3 per cent.

State-owned Bank of Baroda will fully acquire its mutual fund and trustee business and buy the entire 51 per cent stake held by the joint-v...

Shareholders in Italian cooperative bank UBI approved on Saturday its conversion into a joint-stock company as requested by a government re...

Unilever, the world's second-largest consumer-goods company, should seek to acquire Colgate-Palmolive Co...

Analysts say investors risk ignoring a jump in funding costs that will erode profit.

Pramerica Asset Managers today said it has received market regulator SEBI's approval for starting mutual fund operations in the domestic ma...

The Italian government plans to spend between 10 billion and 15 billion euros (12.8 to 19.2 billion dollars) to shore up the liquidity of t...

The credit crunch has scared even the world's richest people into sticking their assets in safe havens.

The world’s banks ‘remain at risk’ of up to $203 billion in additional writedowns, largely because the bond insurance crisis could worsen, ...

UniCredit agreed to buy Capitalia in a e21.8 billion ($29.5 bn) purchase to cement the position of Italy’s biggest bank in Europe’s most pr...