The Italian lender, UniCredit, is reportedly preparing to file an application with the European Central Bank (ECB), seeking approval to increase its stake in Germany's Commerzbank AG to as much as ...
BERLIN, Sept 16 (Reuters) - A merger of UniCredit (CRDI.MI), opens new tab and Commerzbank (CBKG.DE), opens new tab could add value for all stakeholders and create a stronger bank, UniCredit CEO ...
UniCredit SpA has demonstrated at its existing German unit that it can cut costs in the country, which bodes well for its potential plans for Commerzbank AG, analysts at KBW wrote in a note.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Top officials in Berlin were not briefed in advance about an invitation for UniCredit to bid for a German ...
A merger of UniCredit and Commerzbank could add value for all stakeholders and create a stronger bank, UniCredit CEO Andrea Orcel told a German newspaper today, adding a decision was in the hands ...
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Chief executive of UniCredit bank Andrea Orcel openly acknowledged Monday that he favored a merger with Commerzbank, days after the Italian lender unexpectedly acquired a 9% stake in Germany's ...
(Bloomberg) -- UniCredit SpA said it will start buying as much as €1.7 billion ($1.89 billion) of its own stock, underlining Chief Executive Officer Andrea Orcel’s commitment to an ambitious payout ...
At close: September 17 at 4:00 PM EDT ...