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Paschi (BMPS IM) and Banco BPM (BAMI IM) advisers are working on a deal with a cash component, Bloomberg reports

StockNow breaking-news AI analysis

BMPS and Banco BPM advisers are working on a cash-component deal to rival Intesa's previous bid and secure shareholder approval by offering a more attractive premium.

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Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday