UniCredit Mulls Amundi Alternatives Amid Doubts Over BPM Backing
UniCredit SpA is assessing alternatives to a sales agreement with Credit Agricole SA 's funds unit amid signs that the French bank doesn't support the Italian lender's takeover bid for a smaller domestic rival, Banco BPM SpA.
Italy's second-largest bank is analyzing options to replace Credit Agricole's asset manager Amundi SA when an existing sales partnership with the firm expires in about two years' time, people with knowledge of the matter said. They asked not to be identified discussing the private matter.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Wall Street Journal
15 minutes ago
- Wall Street Journal
Carney Says Trump Meeting at G-7 Summit to Determine Fate of US-Canada Tariff Deal
OTTAWA—Canadian Prime Minister Mark Carney says a bilateral meeting with President Trump on the sidelines of the upcoming Group of Seven leaders' summit in Alberta will determine how close the two sides are on a bilateral deal over tariffs. In an interview with French-language broadcaster Radio-Canada, Carney said officials in Ottawa and Washington are in intense talks on a new economic-and-security pact, but there is no deal yet.
Bloomberg
31 minutes ago
- Bloomberg
European Pension Funds May Drive Fierce Dollar Selling, Says BNP
European pension funds have started to increase currency hedging and a continuation of this trend would amount to considerable US dollar selling, according to BNP Paribas SA strategists. Looking at just the Netherlands and Denmark — which have among the largest private pension sectors in Europe — fund managers reduced their unhedged dollar exposure as a percentage of total assets to 20% in April, from 23% last year, according to analysis by the French bank. Cutting that back further to 15% would mean another $217 billion in US dollar selling, its strategists said.
Business Wire
42 minutes ago
- Business Wire
Specialities Inc. Introducing All Natural Bellentani Products
MILLINGTON, N.J.--(BUSINESS WIRE)-- Specialities, Inc. is thrilled to announce the arrival of the All-Natural line of Bellentani cured meat products, a premium Italian delicacy crafted with tradition and authenticity. Beginning July 2025, these exceptional items will be available to consumers nationwide, offering an unparalleled taste experience at an affordable retail price of $6.99 for a 3-oz package (price may vary by variety and location). Our Handcrafted Prosciutto is made with simple ingredients -- Bellentani Prosciutto is minimally processed, free from artificial ingredients, and delivers the rich, savory flavor that has made Italian prosciutto a beloved staple. Produced by Bellentani, a family-owned Company, a heritage brand dating back to 1821 in Modena, Italy, this prosciutto represents centuries of expertise and a commitment to excellence. We are proud to introduce this all-natural prosciutto that stays true to traditional Italian methods, ensuring the highest quality and purity in every slice. Whether enjoyed on a charcuterie board, layered in a sandwich, or paired with fresh fruit and cheese, All Natural Bellentani Prosciutto delivers an unmatched flavor experience for every occasion. Exclusively distributed by Specialities, Inc., All Natural Bellentani Prosciutto has the highest standards of safety and quality. To learn more about this exciting launch, visit or contact Specialities, Inc. at 1-908-647-6485. About Specialities, Inc. Based in Millington, NJ, Specialities, Inc. is a trusted distributor dedicated to bringing high-quality, authentic food products to consumers. With a focus on excellence and tradition, the company continues to deliver premium selections from renowned brands worldwide. Please join us on June 29 – July 1st, 2025, at the Summer Fancy Food Show in the JAVITS CENTER, NYC, to learn more about this and other innovative products.
