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BMDPY News

UniCredit Rises After Sealing $20 Billion Bad Loan Deal With Fortress and PIMCO

UniCredit shares rose Monday after it confirmed plans for a $20 billion sale non-performing loans with Fortress FIG and PIMCO.

Jim Cramer: Italy's Banks Are Like Ours Were Back in 2009

Jim Cramer's outlook on Italy's banking sector.

Italian Banks Back in Focus Following Banco Popular Rescue in Spain

Italy's larger banks are mulling a plan to offer support for two of the country's smaller lenders just days after European officials pushed for the rescue of Spain's fourth-largest bank.

Buy UniCredit and Cool It On Other Italian Banks Analysts Say

Investors should keep buying UniCredit stock, analysts say, but sell Banco BPM and cool it on the rest of the Italian banking sector.

UniCredit Shares Gain After $13.7 billion Rights Issue Nears Full Subscription

UniCredit traded firmly higher Friday after it said that investors have taken up the bulk of its record capital raise on the first day of its offering yesterday in Milan.

Breaking News

Las Vegas Strip May Lose a Major Sports Franchise

Sin City usually gets what it wants. That may not happen this time.

Steve Jobs Gets Posthumous Award From President Joe Biden

Jobs was one of 17 people to be awarded the Presidential Medal of Freedom.

Target Has a Surprising New Idea For Cereal Fans

This throwback will excite fans who fondly remember cereals from their childhoods.

TikTok Faces a New Major Threat

The popular short-form social media company is in the hot seat once again in the U.S.