The German government said it wouldn’t be able to thwart an acquisition of Commerzbank AG by UniCredit SpA, highlighting the ...
UniCredit CEO Andrea Orcel discusses the Italian bank's third-quarter earnings and its bid for Commerzbank.
MILAN, Nov 6 (Reuters) - UniCredit CEO Andrea Orcel said on Wednesday banks need to be more efficient and profitable and ...
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 ...
MILAN (Reuters) - 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 ...
UniCredit SpA’s credit rating was lifted on Thursday, providing tailwind as it considers a takeover of rival Commerzbank ...
German lender Commerzbank raised its 2024 outlook Wednesday after better-than-expected quarterly results, as it seeks to fend off a potential takeover bid from Italy's UniCredit.
"The process of engaging with all the stakeholders will take some time," Andrea Orcel told a conference call with analysts. UniCredit was the "largest investor in Commerzbank today", he said ...