UniCredit gets Putin’s approval to sell part of its Russian business

The Italian bank plans to keep its international payments business while selling its other Russian operations. The approval ...

Shares slip as European bond bashing rumbles on

Global shares slid on Thursday as strains in sovereign bond markets were aggravated by a jump in oil and gas prices and ...

European bank shares fall as bond yields surge, spreads widen

Shares in top European banks fell sharply on Wednesday as a renewed bond selloff and rising oil prices stoked concerns that ...

Putin grants approval for UniCredit Russia unit's reorganisation and sale

MOSCOW, Oct 5 (Reuters) - President Vladimir Putin has approved the reorganisation of the Russian subsidiary of Italy's ...

Commerzbank CEO Says UniCredit Approval Could Come by Early Next Year

CEO Bettina Orlopp said the lender is entering a new phase as regulatory approvals related to UniCredit’s investment are ...

UniCredit’s Andrea Orcel moves to seize control of Commerzbank within months

Italian executive aims to replace 10 board members and oust CEO as soon as January, say people familiar with plans ...

UniCredit could overhaul Commerzbank's supervisory board as early as January, FT reports

UniCredit CEO Andrea Orcel is preparing to take control of ​Commerzbank and overhaul its supervisory board as early ‌as ...

Commerzbank Edging Toward Merger With UniCredit’s HVB, RBC Says

Commerzbank AG could be closer than expected to merging with UniCredit SpA’s German banking business HVB after the Italian ...

German Government Seeks UniCredit Commitments on Commerzbank

Germany is seeking concrete commitments from UniCredit SpA Chief Executive Officer Andrea Orcel following this month’s talks ...

European shares dip as banks hit over 3-month low, oil prices weigh

Oct 8 (Reuters) - European shares fell on Thursday as banks slid to a more than three-month low, while a fresh bond selloff and elevated oil prices stoked fears that higher inflation could hurt ...
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UniCredit targets Commerzbank control within months as takeover timetable accelerates

UniCredit aims to take control of Commerzbank within months, expediting one of Europe’s biggest banking takeovers as ...
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Putin authorizes Italian banking group UniCredit to spin off part of its Russian bank and sell the remaining business

Vladimir Putin has signed an order allowing the Italian financial group UniCredit to restructure its Russian subsidiary, UniCredit Bank, and sell all of the subsidiary’s shares. The document was ...