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UniCredit lifts profit guidance, leaving Banco BPM bid behind

The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Emanuele Cremaschi | Getty Images News | Getty Images UniCredit on Wednesday posted a sharp second-quarter profit hike and lifted its full-year guidance, a day after withdrawing its takeover bid for Italian peer Banco BPM amid opposition from Rome. … Read more

Spain’s Banco Santander mulls crypto foray with stablecoin: report

Banco Santander, the largest bank in Spain and among the world’s most valuable brands, is planning to expand its presence in the digital assets market, including unveiling a stablecoin. According to a Bloomberg report, Banco Santander plans to offer cryptocurrency services to its retail clients, with the stablecoin initiative that’s still in the early stages … Read more

Banco Macro’s 10.3% Surge: Is This Argentine Bank a Hidden Gem?

The markets are always full of surprises, and today is no exception. Banco Macro (NYSE:BMA), an Argentine bank with operations in the region, has seen its stock price soar by a whopping 10.3% as investors react to recent news about Argentina’s economic prospects. As we all know, the International Monetary Fund (IMF) recently approved a … Read more

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