UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
For decades, Andrea Orcel was the 'rainmaker' who CEOs turned to for advice on the big deals that reshaped the banking landscape.
FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on the German government to oppose a ...
(RTTNews) - UniCredit S.p.A. (UCG, UNCFF.PK) announced, as per the authorisation granted by the shareholders' meeting held on 12 April 2024, that it has defined the measures for the execution of ...
The Italian lender, UniCredit, is reportedly preparing to file an application with the European Central Bank (ECB), seeking approval to increase its stake in Germany's Commerzbank AG to as much as ...
(RTTNews) - As per media reports, UniCredit CEO Andrea Orcel has supported the merger of UniCredit (UCG, UNCFF.PK) with Commerzbank (CRZBY.PK). He believes the deal could result in added value to ...
UniCredit SpA has demonstrated at its existing German unit that it can cut costs in the country, which bodes well for its potential plans for Commerzbank AG, analysts at KBW wrote in a note.
BERLIN (Reuters) -A merger of Italy's Unicredit and Germany's Commerzbank would add value for all stakeholders and create a ...
Shares of Commerzbank, Germany's second-largest bank, surged 17% following news that the Italian lender UniCredit had acquired a 9% stake in the bank on Wednesday. The acquisition price was €13. ...
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
Milan (Italy) (AFP) – UniCredit is studying a takeover of Commerzbank, Chief Executive Andrea Orcel said Thursday, a day after Italy's second-largest bank surprised markets by revealing a nine ...
UniCredit's purchase of a 9% stake in Commerzbank has raised the prospect of a merger which has long been considered a natural option for the Italian lender, which entered the German market in ...