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HSBC share price is soaring: technicals point to more gains
It rose from the pandemic low of 220p to 755p today. This rally has mirrored that of other top European banks like Unicredit and UBS. HSBC has formed an ascending channel, and is now a few points ...
The Banker14d
European banks to return €123bn to shareholders for second year; Commerzbank says UniCredit’s approach is hostile
European banks are set to return around €123bn to shareholders for the second consecutive year, driven by surging dividends ...
The Banker13d
MPS launches €13bn takeover bid for Mediobanca; Commerzbank CEO reportedly declines merger talks with UniCredit boss
Italian lender Monte dei Paschi di Siena has launched a €13.3bn takeover offer for its larger domestic rival Mediobanca. The offer, announced on Friday, values Mediobanca’s shares at €15.99 each, a 5 ...