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 ...
UniCredit SpA Chief Executive Officer Andrea Orcel signaled he has all the time in the world to win over stakeholders for his idea to acquire Commerzbank AG.“It’s a long process,” Orcel said in an ...
Commerzbank is weighing the acquisition of a mid-sized German bank as part of its strategy to fend off a possible takeover by ...
UniCredit CEO Andrea Orcel discusses the Italian bank's third-quarter earnings and its bid for Commerzbank.
And it all started in a way that we thought was constructive," UniCredit CEO Andrea Orcel told CNBC's Charlotte Reed on ...
Despite holding semi-reverential status among many of his peers, Andrea Orcel’s consistent courting of controversy and his exorbitant price tag have scuppered his proposed move to Santander Andrea ...
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.
Berlin has also paused further share sales. It currently still owns 12% in Commerzbank. UniCredit Chief Executive Officer ...
CEO Bettina Orlopp said on Wednesday that UniCredit had requested another round of talks, while UniCredit CEO Andrea Orcel ...
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Germany's Commerzbank posted a decline in third quarter profits to €642 million ($689 million), down more than 6% on the year ...