Banks are engaging in increasing amounts of M&A. UniCredit’s pursuit of Commerzbank is the biggest long-running saga in the ...
Moscow’s threats to retaliate against western companies over the EU’s move to indefinitely freeze Russian assets have ...
In an interview with the German newspaper Die Welt, Commerz CEO Bettina Orlopp reiterated her opposition to the takeover and spoke of overlaps and high risks.
Although the EU is pushing for greater banking consolidation in Europe, the reality in Italy is proving complicated. View on euronews ...
Italy’s UniCredit, one of the last major Western banks still operating in Russia, has started taking concrete steps toward exiting the country as several senior executives resign and the group sheds ...
A deluge of advances, balances, and special coupons are coming on November 24th. From major banks to Poste Italiane and Eni, ...
Admittedly, Orcel’s quest for consolidation has largely been sunk by political hostility in Rome and Berlin, which is arguably out of his hands. When withdrawing the BPM deal, UniCredit cited the ...
UniCredit SpA Chief Executive Officer Andrea Orcel effectively ruled out making an offer for Commerzbank AG at the current price, saying such a move wouldn’t add value after a rally in the stock. “We ...
Unicredit CEO Andrea Orcel says that the bank will take its time making decisions on takeover attempts in Germany and Italy. He was speaking as the bank announced stronger than expected first quarter ...
(Bloomberg) -- If UniCredit SpA Chief Executive Officer Andrea Orcel thought victory for the business-friendly conservatives in next week’s German election might smooth his path to taking control of ...
MILAN (Reuters) - UniCredit CEO Andrea Orcel has been drawing up plans to take over Banco BPM for years and was almost ready to pull the trigger, two sources close to the matter said. But instead of ...
Analysts say that UniCredit could sweeten its spurned all-stock proposal to acquire Italian domestic peer Banco BPM by tacking on a cash component. UniCredit is "more exposed to changes in interest ...