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Commerzbank, Andrea Orcel
Can Andrea Orcel be stopped from buying Commerzbank?
When UniCredit bought 9 per cent of Commerzbank this month, the Italian bank’s chief executive Andrea Orcel sought to reassure Berlin of his intentions by saying cross-border deals in the industry could not happen against the will of governments.
UniCredit’s Orcel labels Commerzbank buy-up merely ‘an investment’
The Italian CEO said a tie-up with Germany’s second-largest lender would be best, but only under the right terms. Meanwhile, if Commerzbank is looking for a lifeline, it won’t be from Deutsche Bank.
Barclays, Bank of America helped Andrea Orcel buy Commerzbank stake
UNICREDIT chief executive officer Andrea Orcel used Barclays and Bank of America to help him quietly build up a stake in Commerzbank, a move that has shaken European finance and triggered a backlash from the German government.
Commerzbank boards confirm independent strategy
Commerzbank to Begin Talks With UniCredit as It Woos Investors With Profit Goals
FRANKFURT (Reuters) - Commerzbank's supervisory and management boards have confirmed the bank's current strategy, which is focused on independence, the lender said on Thursday, as Italy's UniCredit presses for a possible tie-up.
Commerzbank Confirms Independent Strategy, Raises Returns Targets
The German lender said it planned to improve its profitability and boost shareholder returns in the coming years as it confirmed its independent strategy while grappling with a possible takeover attempt by Italy’s UniCredit.
Commerzbank boards confirm independent strategy as UniCredit seeks possible tie-up
Commerzbank's supervisory and management boards have unanimously confirmed the bank's current strategy of independence, the lender said on Thursday, as Italy's UniCredit presses for a possible tie-up.
FIRSTonline
56m
Unicredit and Commerzbank weak on the stock market on the day of the meeting: negotiations underway
Weak start at Piazza Affari for Unicredit on the day of talks with Commerzbank: the bank led by Andrea Orcel today in ...
1d
on MSN
UniCredit's Orcel takes aim at Europe's banking borders with Commerzbank bet
By John O'Donnell FRANKFURT (Reuters) - For decades, Andrea Orcel was the 'rainmaker' who CEOs turned to for advice on the ...
19h
UniCredit’s Blueprint at HVB Spells Deep Cuts for Commerzbank
Andrea Orcel suggested Commerzbank AG could be a lot more successful if it was remade to look more like UniCredit SpA’s ...
Zawya
2h
Commerzbank, UniCredit to meet virtually early on Friday, source says
The meeting is a first round of talks between the two banks as the Italian lender presses for a possible tie-up and Commerzbank hones its defence ...
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