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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 ...
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 ...
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.
European banks' stock performance eclipsed that of their US and Asian counterparts by a wide margin in the first half, ...
UniCredit chief executive officer Andrea Orcel and Commerzbank's designated chief Bettina Orlopp have held a first round of talks as the Italian bank presses to explore a tie-up and the German ...
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 ...