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CEO Insider

Banking and FinanceCEO Insider

$10.5 billion Deal: UniCredit to Acquire Banco BPM

In a bold bid to reshape the Italian banking landscape, UniCredit announced on Monday its intent to acquire domestic competitor Banco BPM in a transaction valued at approximately $10.5 billion. This move, described by the bank as independent of its ongoing efforts to deepen ties with German lender Commerzbank, aims...
CEO Insider

China’s Richest Individual Criticizes E-Commerce Giants and Government Amid Economic Downturn

China’s wealthiest individual, Zhong Shanshan, recently criticized online shopping platforms, blaming them for igniting price wars that have hurt various industries as the country grapples with an economic slowdown. His unusually candid comments, which have largely been censored by state-controlled media, also targeted the Chinese government for its inaction, accusing...
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