UniCredit SpA Chief Executive Officer Andrea Orcel touted the benefits of a combination with Commerzbank AG to the Italian ...
UniCredit has been involved recently in a flurry of dealmaking activity, including a bid for Banco BPM and a raised stake in ...
Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no discussion of it with the Italian bank in the past two years, despite UniCredit ...
In her quest to keep Commerzbank AG independent, Bettina Orlopp has concluded that large acquisitions probably aren’t the ...
Commerzbank AG stepped up its rhetoric against the approach from UniCredit SpA, further complicating the situation for the Italian lender.Most Read from BloombergHow Sanctuary Cities Are Preparing for ...
Commerzbank chief Bettina Orlopp shot down an invitation from Andrea Orcel to hold informal talks about a potential tie-up ...
UniCredit CEO Andrea Orcel has successively expanded the lender’s holding in Commerzbank over the past ... on derivatives to take control of about 28% in the German bank in a move that has ...
Since the Italian bank Unicredit systematically began acquiring shares in the German Commerzbank, relations between the two major European financial institutions have grown frosty. In a statement, the ...
(Bloomberg) -- UniCredit SpA Chief Executive Officer Andrea Orcel said he was surprised by the backlash in Germany over his efforts to acquire Commerzbank AG, saying his bank was invited to bid ...
A look at HypoVereinsbank and Bank Austria, which were taken over by UniCredit in 2005, shows how banks can evolve after losing their independence, he said. "Commerzbank's footprint in Germany ...