Italy could intervene over UniCredit HQ in Commerzbank deal
WEB11 hours ago · ROME, Sept 30 (Reuters) - Italy fears that UniCredit (CRDI.MI) may shift its central offices to Germany as part of any deal with Commerzbank (CBKG.DE), government officials said, adding Rome ...
UniCredit to shift retrained staff from central offices to network ...
WEB3 days ago · The UniCredit bank logo in the old city centre of Siena, Italy, June 29, 2017. REUTERS/Stefano Rellandini/File Photo Purchase Licensing Rights, opens new tab
ECB's Lagarde praises bank mergers as UniCredit courts …
WEB12 hours ago · Mergers between European banks are "desirable" if they help them compete with their U.S. and Chinese rivals, European Central Bank President Christine Lagarde said on Monday, as Italy's UniCredit ...
UniCredit and Commerzbank in five charts - Yahoo Finance
WEB15 hours ago · 4. COMMERZBANK SURGES. The German bank's shares have soared nearly 30% since UniCredit announced it was amassing a stake, pushing Commerzbank to the highest since 2011. 5. THE LONG VIEW. Despite ...
ECB chief backs bank mergers amid UniCredit, Commerzbank talk
WEB11 hours ago · Italy's second-biggest bank is also seeking ECB permission to raise its stake to 29.9 percent, just short of the 30 percent threshold that would require it to make a public offer for the entire bank.
UniCredit launches a strategic process to fully internalize life ...
WEB6 days ago · Press & Media - Overview Press Releases News Social Media Podcasts Press Kit Events Calendar Contacts. ... UniCredit S.p.A. ("UniCredit") ... In Italy, the Life Bancassurance business generated circa €500m in distribution fees (12% of total Italy fees) in 2023, on top of the circa €85m of profits from the shareholdings in the two companies. ...
Can Andrea Orcel solve UniCredit’s big strategic question?
WEBJun 3, 2024 · When Andrea Orcel fired the head of UniCredit’s Italian business in 2022, the chief executive replaced him with the only person he trusted to do the job properly: himself. Even for a...
UniCredit to return €8.6bn to shareholders - Financial Times
WEBFeb 5, 2024 · UniCredit shares hit an eight-year high on Monday after the bank said it would return its entire 2023 profit pool of €8.6bn to investors. Italy’s second-biggest bank reported quarterly earnings...
UniCredit boosts profit forecast - Financial Times
WEBMay 7, 2024 · Italian lender plans to distribute about €10bn to investors this year after earnings beat expectations. UniCredit chief Andrea Orcel said the bank ‘started the year on [an] extremely strong ...
Arguments Against Commerzbank, UniCredit Tie-up …
WEB1 day ago · Italy's UniCredit has taken Germany by surprise by building a position in Commerzbank equivalent to about 21 percent since the start of September, fuelling speculation of a potential takeover.