Andrea Orcel’s audacious move on Commerzbank AG caught many in Germany unawares. On Friday, Berlin hit back.
Government signals no plans for further share sales amidst UniCredit's surprising move, with Commerzbank focused on staying ...
The CEO of Italian lender UniCredit ruled out a takeover bid for Germany's Commerzbank in an interview published Thursday, but confirmed he was seeking central bank permission to increase its stake to ...
Andrea Orcel, UniCredit's CEO, aims to break European political resistance to cross-border mergers through a bold stake in Commerzbank. Orcel's efforts may face obstacles from national politics and ...
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
Analysts have welcomed the move by UniCredit, particularly because a tie-up between the two banks might spur more M&A activity in Europe’s banking sector.
UniCredit's investment in German rival Commerzbank is consistent with an "excellent" geographic diversification strategy, the ...
UniCredit will seek ECB clearance to potentially buy up to 30% of Commerzbank, three people close to the matter said, in ...
Andrea Orcel By last year, UniCredit’s share price was ... Speaking to Euromoney earlier this year, HVB’s CEO Marion ...
UniCredit CEO Andrea Orcel stated that a merger with Commerzbank could deliver substantial value for stakeholders, ...
As per media reports, UniCredit CEO Andrea Orcel has supported the merger of UniCredit (UCG, UNCFF.PK) with Commerzbank (CRZBY.PK).