UniCredit to seek ECB approval to potentially buy up to 30% of Commerzbank, sources say
UniCredit will seek ECB clearance to potentially buy up to 30% of Commerzbank, three people close to the matter said, in order to have the "flexibility" the Italian bank's CEO Andrea Orcel said he needs to plan his next move.
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
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 ...
FRANKFURT (Reuters) -Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when the German bank's ...
For decades, Andrea Orcel was the 'rainmaker' who CEOs turned to for advice on the big deals that reshaped the banking ...
UniCredit SpA has demonstrated at its existing German unit that it can cut costs in the country, which bodes well for its ...
If UniCredit is close to acquiring Commerzbank, it’s not just the result of a quick and crafty deal in the equities ...
A German bank staff union on Thursday called on Berlin to prevent UniCredit from buying Commerzbank , warning of massive job ...
UniCredit wird dem Vernehmen nach bei der Europäischen Zentralbank um grünes Licht für eine Erhöhung ihres ...
UniCredit CEO Andrea Orcel stated that a merger with Commerzbank could deliver substantial value for stakeholders, ...
Now, as UniCredit chief executive, the Italian has set himself his biggest test so far -- breaking down Europe's deeply entrenched political resistance to cross-border mergers ...
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