Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Unipol chair hints that ING could be studying Popolare di Sondrio bid
    Finance

    Unipol Chair Hints That ING Could Be Studying Popolare Di Sondrio Bid

    Published by Global Banking & Finance Review®

    Posted on March 28, 2025

    2 min read

    Last updated: January 24, 2026

    Add as preferred source on Google
    Unipol chair hints that ING could be studying Popolare di Sondrio bid - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Unipol Chairman Carlo Cimbri hints that ING may be considering a bid for Popolare di Sondrio, potentially rivaling BPER Banca's offer.

    Unipol Chair Suggests ING May Bid for Popolare di Sondrio

    MILAN (Reuters) - Unipol Chairman Carlo Cimbri said on Friday a foreign bank was studying a potential bid for Popolare di Sondrio to rival the one unveiled by Italy's BPER Banca.

    Insurer Unipol is the leading shareholder in both BPER and Pop Sondrio and has thrown its weight behind BPER's bid for Pop Sondrio.

    Speaking at the presentation of Unipol's multi-year plan, Cimbri hinted at Dutch bank ING as a possible suitor by saying the bank interested in Pop Sondrio was the colour of a journalist's tie, which was orange.

    ING did not immediately respond to a request for comment.

    Cimbri said Unipol could be open to considering rival bids for Pop Sondrio.

    Asked about unconfirmed rumours of foreign interest for the bank, Cimbri said: "It looks like a foreign group has hired lawyers and advisers to study a potential deal for Popolare di Sondrio: it's totally legitimate. We're an investor and if someone else makes a spectacular bid it's not like we've promised eternal love, we don't pick sides."

    "We don't have eternal friends or eternal foes, only our interests are eternal: ... we're open to any proposition."

    (Reporting by Andrea Mandala; Writing by Valentina Za, editing by Gavin Jones)

    Key Takeaways

    • •Unipol's chairman hints at ING's interest in Popolare di Sondrio.
    • •BPER Banca has already unveiled a bid for Pop Sondrio.
    • •Unipol is a major shareholder in both BPER and Pop Sondrio.
    • •Foreign banks are reportedly studying a bid for Pop Sondrio.
    • •Unipol is open to considering rival bids.

    Frequently Asked Questions about Unipol chair hints that ING could be studying Popolare di Sondrio bid

    1What is the main topic?

    The article discusses potential foreign interest, specifically from ING, in bidding for Popolare di Sondrio, an Italian bank.

    2Who is the leading shareholder in BPER and Pop Sondrio?

    Unipol is the leading shareholder in both BPER Banca and Popolare di Sondrio.

    3What did Carlo Cimbri say about rival bids?

    Carlo Cimbri stated that Unipol is open to considering rival bids for Popolare di Sondrio.

    More from Finance

    Explore more articles in the Finance category

    Image for Analysis-War between Hezbollah and Israel deepens fractures in Lebanon
    Analysis-War Between Hezbollah and Israel Deepens Fractures in Lebanon
    Image for Mercosur and Canada near free-trade agreement with April talks
    Mercosur and Canada Near Free-Trade Agreement With April Talks
    Image for Kremlin says Russia not seeking to undermine US business in CPC oil group
    Kremlin Says Russia Not Seeking to Undermine US Business in Cpc Oil Group
    Image for Exclusive-How UBS helped Epstein accomplice Maxwell buy her hideout, 'Tucked Away'
    Exclusive-How UBS Helped Epstein Accomplice Maxwell Buy Her Hideout, 'Tucked Away'
    Image for Austria plans social media ban for children under 14
    Austria Plans Social Media Ban for Children Under 14
    Image for Global equity funds see biggest inflows in 2-1/2 months on Iran de-escalation hopes
    Global Equity Funds See Biggest Inflows in 2-1/2 Months on Iran De-Escalation Hopes
    Image for Kremlin says US is wrong to condition economic cooperation with Russia on Ukraine peace deal
    Kremlin Says US Is Wrong to Condition Economic Cooperation With Russia on Ukraine Peace Deal
    Image for MPS says ECB, CONSOB cleared all board lists, leaving CEO Lovaglio in the running
    Mps Says Ecb, Consob Cleared All Board Lists, Leaving CEO Lovaglio in the Running
    Image for German union says it has reached wage deal with Lufthansa for ground staff
    German Union Says It Has Reached Wage Deal With Lufthansa for Ground Staff
    Image for Demand and risks for global data centre insurance growing, Swiss Re says
    Demand and Risks for Global Data Centre Insurance Growing, Swiss Re Says
    Image for China willing to actively expand EU imports, says commerce minister
    China Willing to Actively Expand EU Imports, Says Commerce Minister
    Image for Euro zone consumers cut inflation outlook before Iran war, ECB survey shows
    Euro Zone Consumers Cut Inflation Outlook Before Iran War, ECB Survey Shows
    View All Finance Posts
    Previous Finance PostIss Urges Monte Dei Paschi Investors to Vote Against Cap Hike for Mediobanca Bid
    Next Finance PostThird-Largest Generali Investor Proposes Board Candidates Including Enel, Acea CEOs