The Milan-based bank said its holding is “a pure financial investment” and asserted that it has “no strategic interest in ...
CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy's Treasury picked him out to revive the fortunes of the world's oldest bank, five years after ...
Our estimates suggest a midcycle return on tangible equity of around 6.4% for Société Générale, materially lower than our estimated cost of capital of 11.5%, which includes a 0.5% country risk premium ...
Global financial institutions are bullish for this year, with a focus on equities, active fixed income management and ...
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.0924 ET – The carbon-credit markets need to integrate businesses’ impact on ...
Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena , saying a ...
More than 10 billion euros in cash between 2017 and 2022 have allowed MPS to clean up its balance sheet in time for the ... management tie-up with France's Natixis Investment Managers.
European stocks slipped on Wednesday as geopolitical uncertainty lingered, and investors awaited talks between Donald Trump and Xi Jinping as the countries levy tariffs on one another.