The German government said it wouldn’t be able to thwart an acquisition of Commerzbank AG by UniCredit SpA, highlighting the ...
The deal is part of Chief Executive Officer Andrea Orcel’s effort to boost risk-adjusted returns on the bank’s assets. Earlier this week, he vowed to step up the amount of money he will return to ...
"The process of engaging with all the stakeholders will take some time," Andrea Orcel told a conference call with analysts.
Commerzbank is weighing the acquisition of a mid-sized German bank as part of its strategy to fend off a possible takeover by ...
Berlin has also paused further share sales. It currently still owns 12% in Commerzbank. UniCredit Chief Executive Officer ...
Germany's new finance minister on Tuesday scolded UniCredit for the way the Italian bank had bought a major stake in Germany's second-largest lender Commerzbank.
UniCredit S.p.A. ("UniCredit") and Alpha Services and Holdings S.A. ("Alpha") announce that, having received approvals from all relevant authorities and following completion of the due diligence ...
UniCredit CEO Andrea Orcel said on Wednesday banks need to be more efficient and profitable and expressed confidence that "people will look at the facts" when weighing up a potential deal with ...
Commerzbank AG is close to tapping a new chief financial officer, a crucial appointment as the lender seeks to accelerate a ...
Investment fund Dream Chasers again floats two nominees to take board seats at the Black-owned bank. But does its end ...
Will Unicredit have a better chance of making it against Commerzbank or will it be sucked into the German election campaign? New summit between the two banks next week ...