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The European Central Bank has given UniCredit the green light to buy up to 29.9% of Commerzbank , the Italian bank said, adding it would likely wait until next year before deciding whether to pursue a ...
LONDON (Reuters) - UniCredit's CEO Andrea Orcel said on Wednesday he was "less optimistic" about the prospects for sizeable European banking consolidation than a few months ago because bank bosses ...
UniCredit CEO Andrea Orcel, a veteran dealmaker who has also built stakes in Germany's Commerzbank and Italian insurer Generali, has repeatedly said he won't endanger shareholder returns to pursue a ...
MILAN (Reuters) - Credit Agricole (OTC: CRARY) got the all clear to take a bigger stake in Italy’s Banco BPM, posing a hurdle ...
UniCredit UCG-9.58%decrease ... The Italian bank said it still needs the approval from Germany’s competition regulator and others before its around 18.5% stake held through derivatives can ...
UniCredit said it needed a green light from Germany's competition authority before converting the derivatives into shares. The German government and Commerzbank's management have both pledged to ...
UniCredit S.p.A. provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe. It offers retail, private, and wealth management solutions; and institutional investor ...
UniCredit ranked 38th in the EMEA investment banking league tables last year, with a 0.5% market share, according to data provider Dealogic, although much of its focus is in Italy, Germany and ...
With Germany up in arms against the potential acquisition, UniCredit's CEO Andrea Orcel, a veteran dealmaker, has thrust his bank into fast-moving Italian consolidation and put on ice his ...
LONDON (Reuters) -UniCredit's CEO Andrea Orcel said on Wednesday he may need to wait until 2027 before deciding whether to try and take over Commerzbank, as Germany's fiscal splurge pumped up the ...
MILAN (Reuters) -The European Central Bank has given UniCredit the green light to buy up to 29.9% of Commerzbank, the Italian bank said, adding it would likely wait until next year before deciding ...