German Political Unity Against Orcel's Commerzbank Stakebuilding
UniCredit CEO Andrea Orcel's stakebuilding in Commerzbank has provoked strong opposition from Germany's political establishment. Despite few legal options to thwart Orcel's ambitions, German politicians express concerns over potential job losses and loss of control over a crucial lender.
Orcel’s Surprise Swoop on Commerzbank Was Long in the Making
This summer, the German government appeared ready to finally reduce its stake in Commerzbank AG. It was a moment Andrea Orcel, chief executive officer of UniCredit SpA, had also been anticipating. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisAfter a Record Hot Summer,
When UniCredit bought 9 per cent of Commerzbank this month, the Italian bank’s chief executive Andrea Orcel sought to ...
Andrea Orcel’s audacious move on Commerzbank AG caught many in Germany unawares. On Friday, Berlin hit back.
UniCredit Chief Executive Andrea Orcel has succeeded in uniting Germany's political establishment in opposition to his stakebuilding in Commerzbank , the country's second largest lender.
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UniCredit-Chef Andrea Orcel griff dem Vernehmen nach auf die Dienste von Barclays und Bank of America zurück, um zunächst im ...
By Tom Sims and John O'Donnell FRANKFURT (Reuters) -Commerzbank supervisory board members on Tuesday voiced fierce opposition ...
That seems the logic underlying UniCredit’s pursuit of Germany’s Commerzbank. The Italian lender, led by M&A banker turned bank boss Andrea Orcel, has said it would not launch a hostile offer for ...
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