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Unicredit in €10bn swoop for Banco BPM

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Content provided by CNBC International. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC International or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Unicredit launches a takeover bid for Italian rival Banco BPM in a deal worth approximately €10bn. President-elect Donald Trump names billionaire hedge fund manager Scott Bessent as Treasury Secretary prompting a rally in treasuries. In Germany, finance minister Joerg Kukies says that there is widespread support for reforming the country’s debt brake rules but expectations should remain realistic. Cop 29 delegates strike an annual finance target agreement of $300bn to assist poorer nations with the impacts of climate change but critics say the deal still falls short. Goldman Sachs is braced for a $900m hit from its investment in Northvolt after the Swedish battery maker filed for Chapter 11 bankruptcy in the U.S.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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1511 episoade

Artwork
iconDistribuie
 
Manage episode 451837182 series 2876583
Content provided by CNBC International. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC International or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Unicredit launches a takeover bid for Italian rival Banco BPM in a deal worth approximately €10bn. President-elect Donald Trump names billionaire hedge fund manager Scott Bessent as Treasury Secretary prompting a rally in treasuries. In Germany, finance minister Joerg Kukies says that there is widespread support for reforming the country’s debt brake rules but expectations should remain realistic. Cop 29 delegates strike an annual finance target agreement of $300bn to assist poorer nations with the impacts of climate change but critics say the deal still falls short. Goldman Sachs is braced for a $900m hit from its investment in Northvolt after the Swedish battery maker filed for Chapter 11 bankruptcy in the U.S.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

1511 episoade

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