BNP Paribas embarked on a 5.1 billion euro ($5.8 billion) purchase of an asset management business last year expecting ...

The European Central Bank has all but shut down a regulatory loophole heralded as a potential catalyst for a deal wave in asset management.

UniCredit said on Friday that the lack of the Danish Compromise for Banco's Anima takeover would cost it an extra 44 basis points in terms of its core capital ratio if it bought 100% of the bank.

The Danish Compromise was devised as a temporary arrangement aimed at easing the introduction of international banking rules known as "Basel framework" which the EU adopted through the CRR.

Plans for higher defence spending and a more relaxed supervisory attitude to matters such as M&A are fuelling optimism in European banks’ ability to thrive, even with thinner interest margins.

The European Central Bank is opposed to BNP Paribas using a favourable capital treatment for its deal to buy French insurer ...

BNP Paribas SA said that an opinion expressed by the European Central Bank could increase the impact from the lender’s ...

The ECB’s supervisory arm recently opposed the application of an accounting treatment known as Danish Compromise in two takeovers pursued by euro area banks. That has put its use in doubt for ...

The ECB has declared itself against the French group's use of the favorable capital treatment, known as the Danish Compromise ...

The lender expects a higher capital impact and lower return on investment than initially projected for its acquisition of AXA ...

BNP had been discussing with supervisory authorities whether it could apply the so-called Danish Compromise rule to the deal for more lenient capital treatment. The regulation allows banks to risk ...