UniCredit, Italy's second-largest bank, is making strategic moves to expand its influence in the European banking sector by acquiring a significant stake in Germany's Commerzbank. Currently holding 9% ...
UniCredit’s raid to buy 9% of Commerzbank gives Deutsche three choices — all unattractive. But one is clearly less bad than ...
UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to ...
For decades, Andrea Orcel was the 'rainmaker' who CEOs turned to for advice on the big deals that reshaped the banking ...
A German bank staff union on Thursday called on Berlin to prevent UniCredit from buying Commerzbank , warning of massive job ...
The German government has started an internal probe into its Commerzbank AG share sale after the transaction allowed ...
Equity markets were well in the green on Thursday, with the FTSE 100 adding 1.01% and the S&P 500 opening 1.64% up. In credit ...
UniCredit, Italy’s second-largest bank, has taken a 9 per cent stake in Germany’s Commerzbank and is seeking permission to ...
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 ...
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 ...
Markets across asset classes reacted to the Fed's first rate cut since 2020, which sent the benchmark federal-funds rate to a range between 4.75% and 5%. The move marked a pivot away from taming the ...