German Political Unity Against Orcel's Commerzbank Stakebuilding
UniCredit CEO Andrea Orcel's stakebuilding in Commerzbank has provoked strong opposition from Germany's political establishment. Despite few legal options to thwart Orcel's ambitions, German politicians express concerns over potential job losses and loss of control over a crucial lender.
By John O'Donnell FRANKFURT (Reuters) - For decades, Andrea Orcel was the 'rainmaker' who CEOs turned to for advice on the ...
Andrea Orcel, previously a sought-after advisor on major banking deals, is now steering UniCredit through a major challenge: navigating the political and financial hurdles of cross-border mergers in ...
Andrea Orcel’s audacious move on Commerzbank AG caught many in Germany unawares. On Friday, Berlin hit back.
Germany cranked up its opposition on Wednesday to UniCredit's raid on Commerzbank at the same time as a big investor in the ...
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