Berlin livid as UniCredit tightens its grip on Commerzbank
Things hit fever pitch on Monday after Italy’s UniCredit, led by veteran dealmaker Andrea Orcel, announced out of the blue that it had entered into derivatives transactions that would raise its stake in Germany’s second-largest bank to 21 percent, making it the largest shareholder.
European stocks were higher Monday as investors assessed banking deals and German and French business activity data.The ...
German Chancellor Olaf Scholz slammed as "an unfriendly attack" UniCredit's move to become the biggest investor in rival ...
Commerzbank AG slumped as Germany said it won’t sell more shares in the lender. The Stoxx Europe 600 Index was little ...
For decades, Andrea Orcel was the 'rainmaker' who CEOs turned to for advice on the big deals that reshaped the banking ...
UniCredit on Monday said it’s reached an agreement to further increase its stake in Commerzbank as the German government ...
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UniCredit CEO Orcel aims to build Europe's biggest bank Commerzbank says to evaluate all options as shares fall 6% German opposition leader says UniCredit's strategy 'amateur' ECB to rule on ...
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