Employees, BTPs and funding: the government’s stakes for Unicredit BPM

Employees, BTPs and funding: the government’s stakes for Unicredit BPM

UniCredit-Banco BPM Merger: Employee Impacts, Business Transformation Plans, and Government Funding Stakes The proposed €14 billion takeover of Banco BPM by UniCredit, Italy’s second-largest bank, announced in November 2024 and advancing toward a conditional government approval in April 2025, has significant implications for employees, business transformation plans (BTPs), and government funding stakes. Below is a … Read more

Progetto Bank, Crac borne by the State: 6.3 billion guaranteed loans, 1.1 are deteriorated

Progetto Bank, Crac borne by the State: 6.3 billion guaranteed loans, 1.1 are deteriorated

Banca Progetto Collapse: State Bears the Brunt of €6.3 Billion in Guaranteed Loans, €1.1 Billion Gone Sour A Milan-based lender’s spectacular downfall is turning into a taxpayer nightmare, with €1.1 billion in bad debts from state-backed loans now threatening Italy’s public coffers. As Banca Progetto’s judicial administration drags on amid mafia-linked scandals, the fallout exposes … Read more