Illustrating to the staff of the German subsidiary HVB the advantages of the possible integration with Commerzbank, the CEO of Unicredit Andrea Orcel explains that "the agreement will lead to a huge ...
The Milan-based bank called the stake a “pure financial investment”, emphasising it has no strategic interest in the insurer.
UniCredit has been involved recently in a flurry of dealmaking activity, including a bid for Banco BPM and a raised stake in ...
Commerzbank's exposure to the SME market could result in increased credit losses in an economic downturn. Although the bank does cover expected credit losses adequately, we believe, IFRS 9 rules could ...
UNICREDIT has made a surprise new move in the fight to dominate the Italian financial system by unveiling a minority stake in ...
The Italian banking group Unicredit over 4% of the control of General, The largest insurance company in our country. The ...
which has ruffled feathers in Berlin with its interest in a merger. Commerzbank says no talks with UniCredit until specific proposal made January 24, 2025 Italian bank Monte dei Paschi di Siena ...
In early September, UniCredit acquired a 9% stake in Commerzbank, becoming the second largest shareholder ... Banco BPM is an Italian banking group formed in 2017 as part of the merger of Banco ...
Commerzbank on Friday unexpectedly released quarterly results, touting “record” annual profit and announcing a new share ...