Andrea Orcel, CEO of Italian bank UniCredit, is making waves with his strategic acquisition of a stake in Germany's Commerzbank. Despite resistance from politicians and backlash from the German ...
The Italian CEO said a tie-up with Germany’s second-largest lender would be best, but only under the right terms. Meanwhile, if Commerzbank is looking for a lifeline, it won’t be from Deutsche Bank.
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 ...