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UniCredit CEO Andrea Orcel and German Finance Minister Lars Klingbeil exchanged letters over the future of Commerzbank AG, ...
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'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.
Commerzbank AG plans to sell a significant risk transfer tied to a portfolio of corporate loans, according to people familiar ...
The CEO of UniCredit renewed his push to merge the Italian bank with its German rival Commerzbank , attempting to make his ...
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 ...
European banks' stock performance eclipsed that of their US and Asian counterparts by a wide margin in the first half, ...
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 ...
Italy’s UniCredit won’t seek a seat on Commerzbank’s supervisory board despite a recent move to become the German bank’s biggest shareholder, UniCredit’s chief executive said Wednesday.
The comment came as UniCredit launched a €10.1 billion bid for domestic rival Banco BPM, which at the time was thought to be a strategic pivot from Commerzbank.
Commerzbank shares jumped 20% on the day UniCredit's stake was announced. Shares of the German lender are up around 48% so far this year and added another 3% on Wednesday.
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 ...