Unicredit, Societe Generale talk: creation of world's fourth-biggest bank faces many hurdles

Article Abstract:

UniCredit S.p.A. of Italy is exploring the possibility of a merger with France's Societe Generale S.A., a deal which would create a cross-border entity with market capitalization of around $193 bil, approximately 57 mil customers and 10,200 branches. The deal would also test the willingness of national governments to permit foreign ownership in an era of increasing protectionism.

Strategy & planning, Acquisitions & mergers, Planning, Mergers, acquisitions and divestments, France, Company acquisition/merger, Unicredito Italiano S.p.A., Company business planning, Societe Generale S.A.

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Mediobanca logs 36% profit jump as unit fees rise

Article Abstract:

Mediobanca S.p.A. of Italy posted soaring profit increases by 36 percent for the fiscal year to 858.4 million Euros ($1.09 billion) from 632.4 million Euros last year. Revenues were partly due to a strong performance in the wholesale-banking unit.

Italy, Sales, profits & dividends, Company sales and earnings, Company earnings/profit, Mediobanca S.p.A., Company overview

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