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UniCredit's recent push for a tie-up with Commerzbank has prompted calls by a top official of the German bank for the Italian ...
UniCredit CEO Andrea Orcel and German Finance Minister Lars Klingbeil exchanged letters over the future of Commerzbank AG, ...
Commerzbank AG plans to sell a significant risk transfer tied to a portfolio of corporate loans, according to people familiar with the matter, as the German lender moves to free up capital to fend off ...
European banks' stock performance eclipsed that of their US and Asian counterparts by a wide margin in the first half, ...
10h
GlobalData on MSNItaly’s BPER raises offer for Popolare di Sondrio to €5.4bnThe updated offer comprises 1.450 newly issued BPER shares and an additional cash payment of €1 per Popolare di Sondrio share.
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.
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GlobalData on MSNUniCredit likely to withdraw Banco BPM bid amid regulatory hurdlesUniCredit’s chief executive Andrea Orcel in an interview with Italian daily La Repubblica, indicated that the bank is likely to abandon its proposed acquisition of smaller rival Banco BPM, as reported ...
The CEO of UniCredit renewed his push to merge the Italian bank with its German rival Commerzbank , attempting to make his ...
ROME (Reuters) -UniCredit CEO Andrea Orcel told an Italian daily on Friday the bank was likely to withdraw its offer for smaller peer Banco BPM, a day after receiving European antitrust approval for ...
Orcel said UniCredit was doing all it could to meet terms set by Rome for the bid to go ahead, including exiting its ...
Andrea Orcel told daily La Repubblica that his bank would continue to try to overcome the obstacles posed by the Italian government, under so-called 'golden power' conditions, and court appeals.
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