The talks are at an advanced stage but not final yet, they said, asking not to be named discussing private information. The deal is part of Chief Executive Officer Andrea Orcel’s effort to boost ...
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 ...
UniCredit SpA Chief Executive Officer Andrea Orcel said he isn’t planning an imminent takeover bid for German rival Commerzbank AG, inserting a measure of calm into a tense cross-border standoff.“It’s ...
UniCredit, which is now awaiting supervisory approval to become the main investor in Commerzbank, raised its 2024 profit outlook to more than 9 billion euros ($9.7 billion) and said it would replicate ...
Italian lender UniCredit raised its full-year guidance after reporting a rise in third-quarter profits while earnings slipped at German rival Commerzbank, as earnings diverged for the two lenders at ...