UniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal. Stream San Diego News for ...

UniCredit Chief Executive Andrea Orcel said a significant number of jobs would be eliminated if it took over German peer Commerzbank but the figure would be lower than what has been speculated. "I ...

MILAN (Reuters) -UniCredit has no plans to heed the advice of the German government to drop its ambitions to take over Commerzbank, the Italian bank's CEO was quoted as saying on Friday. German ...

Dressed as a Gallic warrior fighting Roman invaders or wearing the yellow of the Commerzbank logo, employees from the German lender protested Thursday against any takeover attempt by Italy's UniCredit ...

Italian lender UniCredit has increased its equity stake in Commerzbank to 20% by converting derivatives into stock. The move positions UniCredit as the largest shareholder of Commerzbank, surpassing ...

FRANKFURT/MILAN (Reuters) -A year in to UniCredit's campaign to persuade Commerzbank to open merger talks, CEO Andrea Orcel's hopes of overcoming German opposition seem as distant as ever. But 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 ...

Commerzbank’s investment narrative has been nudged higher, with Fair Value inching up by €0.50 to €33.52 as analysts factor in slightly stronger long term revenue growth assumptions. A marginally ...