unicredit andrea orcel news

Unicredit, Commerzbank merger would add value for all stakeholders, Orcel tells paper

A merger of Italy's Unicredit and Germany's Commerzbank could add value for all stakeholders and create a much stronger competitor in the German banking market, Unicredit CEO Andrea Orcel told Handelsblatt in an interview published on Monday.

news.bloomberglaw · 1d

Commerzbank Labor Union ‘Bitterly’ Opposes Any Unicredit Merger

Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, warning that two-thirds of the jobs at the German lender could be cut in a takeover.

Barron's · 1d

Italy's UniCredit CEO Rules Out Commerzbank Takeover Bid

The CEO of Italian lender UniCredit ruled out a takeover bid for Germany's Commerzbank in an interview published Thursday, but confirmed he was seeking central bank permission to increase its stake to 29.

KELO3d

UniCredit to seek ECB approval to potentially buy up to 30% of Commerzbank, sources say

UniCredit will seek ECB clearance to potentially buy up to 30% of Commerzbank, three people close to the matter said, in ...

Bloomberg L.P.9d

UniCredit-Chef sieht Übernahme der Commerzbank als Option

UniCredit-Chef Andrea Orcel hat mit Blick auf die Beteiligung des Konzerns an der Commerzbank Flexibilität hinsichtlich ...

1don MSN

Analysis-UniCredit's Orcel takes aim at Europe's banking borders with Commerzbank bet

For decades, Andrea Orcel was the 'rainmaker' who CEOs turned to for advice on the big deals that reshaped the banking ...

devdiscourse1d

Andrea Orcel's Bold Move: Breaking Down Barriers in European Banking

Andrea Orcel, UniCredit's CEO, aims to break European political resistance to cross-border mergers through a bold stake in Commerzbank. Orcel's efforts may face obstacles from national politics and ...

Andrea Orcel plots UniCredit’s boldest move yet on Commerzbank

Former UBS dealmaker has contemplated a tie-up with the state-backed German lender for years but Berlin may balk ...

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