UniCredit launches a $10 billion all-share offer to acquire domestic rival Banco BPM that would see it leapfrog Intesa Sanpaolo as Italy’s largest lender by assets. The move comes amid accelerating European bank merger activity, especially by UniCredit CEO Andrea Orcel who is also considering a bid for Commerzbank. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Guy Johnson.
Chapters:
00:00:00 – Intro
00:01:22 – The Agenda: Trump’s Treasury Pick, Bitcoin, Italian Banking Consolidation
00:10:13 – China EV Stocks Jump
00:13:15 – US Treasury Pick Scott Bessent’s ‘3-3-3’ Policy
00:23:34 – Traders Assess Bitcoin, Crypto Trump Optimism
00:37:21 – Stocks to Watch: UniCredit, Banco BPM, Anglo American, EV Makers
00:45:38 – European Open
01:04:05 – Unicredit CEO: Interest in Banco BPM ‘Shouldn’t Be a Suprise’
01:11:41 – Chatham House’s Tim Ash: Russia is Long-Term Threat to Europe
01:25:18 – Amazon to Cut Nvidia Chip Reliance
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