UniCredit’s board gathered to tackle the Italian government’s hurdles surrounding the proposed BPM deal. As regulatory challenges intensify, this banking powerhouse is navigating a complex landscape that could impact its ambitious expansion plans.
Italy is pushing UniCredit to divest from its Russian operations as part of the negotiations to wrap up its deal with Banca Popolare di Milano (BPM), a source reveals. This strategic shift is designed to ensure compliance with European sanctions in light of the escalating geopolitical tensions