UniCredit Chief Executive Andrea Orcel isn't giving up on buying Commerzbank. The Italian bank he leads said Wednesday that it had increased its stake in the German rival, mostly through ...

UniCredit's CEO Andrea Orcel revealed his hand this week as the Italian lender built a 9% stake in Commerzbank — and a takeover bid for the German rival could still be in the cards.

UniCredit SpA Chief Executive Officer Andrea Orcel said that a full takeover of Commerzbank AG is an option after announcing that it had acquired a 9% stake, a move that has jolted European banking.

UniCredit CEO Andrea Orcel said a deal with Germany’s Commerzbank is the best outcome he sees — but it’s not the only one. Appearing Wednesday at a conference in London, Orcel laid out what ...

UniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal. Stream Los Angeles News ...

UniCredit SpA Chief Executive Officer Andrea Orcel effectively ruled out making an offer for Commerzbank AG at the current price, saying such a move wouldn’t add value after a rally in the stock.

Andrea Orcel has teed up UniCredit for a potential takeover of rival Commerzbank. He wants to build something Europe lacks—a banking champion.

CNBC has reached out to Commerzbank for comment. The German bank posted better-than-expected results in the first quarter, when net profit surged by an annual 29%.. Orcel insisted that his bank ...

CNBC has reached out to Commerzbank for comment. The German bank posted better-than-expected results in the first quarter, when net profit surged by an annual 29%.. Orcel insisted that his bank ...

UniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal. Stream Connecticut News ...