"As has been emphasized several times--including publicly--the German government is committed to a strong and independent Commerzbank," the country's new chancellor Friedrich Merz said in a letter ...

Europe's biggest banks reported an 18% year-over-year increase in provisions for loan losses during the first quarter.

Former head of bond syndicate might just be what Bank of America needs to achieve its goal — a consistent place among the top ...

UniCredit doubles its stake in Greece's Alpha Bank for €615M, boosting its position in Europe's banking consolidation.

UniCredit SpA has doubled its holding in Alpha Services and Holdings SA to about 20%, marking yet another transaction for the ...

UniCredit has appealed to an administrative court against the terms set by the government, and its CEO Andrea Orcel said on ...

Banco BPM on Thursday urged suitor UniCredit to abandon its buyout offer, given the bank led by CEO Andrea Orcel has told authorities it cannot comply with the conditions Rome has imposed to authorise ...

The company's 13 regional banks will "progressively transition" to the cloud platform, enabling UniCredit to use Google's AI offerings, including the Vertex AI platform and Gemini models.

When UniCredit CEO Andrea Orcel snapped up a chunk of Commerzbank last September, it seemed like his German target had only one chance of rebuffing a possible takeover: M&A-wary politicians in Berlin.