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UniCredit CEO Andrea Orcel and German Finance Minister Lars Klingbeil exchanged letters over the future of Commerzbank AG, ...
UniCredit's recent push for a tie-up with Commerzbank has prompted calls by a top official of the German bank for the Italian lender's CEO, Andrea Orcel, to abandon the pursuit.
The CEO of UniCredit renewed his push to merge the Italian bank with its German rival Commerzbank , attempting to make his ...
Commerzbank AG plans to sell a significant risk transfer tied to a portfolio of corporate loans, according to people familiar ...
UniCredit Chief Executive Andrea Orcel isn't giving up on buying Commerzbank. The Italian bank he leads said Wednesday that it had increased its stake in the German rival, mostly through ...
UniCredit and Commerzbank flaunted their financial strength as the fate of one of Europe's largest banking mergers still hangs in balance. Both banks raised their outlooks guidance on Wednesday ...
UniCredit has built a surprise stake in Commerzbank of 28% since September through derivatives and has the European Central Bank's authorization to hold up to 29.9% in the lender.
UniCredit's CEO approached Commerzbank about exploring merger talks on Wednesday, a source with knowledge of the matter said, after Italy's second-largest bank bought a 9% stake in the German ...
Milan-based UniCredit said on Monday it had potentially more than doubled its stake in Commerzbank to 21% by using derivatives. This would make the Italians the largest shareholder ahead of the ...
European banking's latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc's incomplete banking union Italy's UniCredit has ratcheted up the ...
Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring Commerzbank. Listen to this article · 5:51 min Learn more.
FRANKFURT/MILAN (Reuters) -UniCredit's CEO approached Commerzbank about exploring merger talks on Wednesday, a source with knowledge of the matter said, after Italy's second-largest bank bought a ...