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NEWS ABOUT: Capitalia

More About:  banking merger UniCredit Italy Europe European Union

Rome Deal Creates World's 5th-Largest Bank

(Newser) - Italian lenders UniCredit and Capitalia yesterday inked a $29.7 billion deal to create a bank with the world's fifth (and Europe's second) largest market cap. The hurried Rome merger indicates, according to the Wall Street Journal, a rush to consolidate Europe's banking sector, but also the persistent challenges to... More »

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