News

The CEO of UniCredit renewed his push to merge the Italian bank with its German rival Commerzbank , attempting to make his ...
The chief of Italian bank UniCredit is continuing a push to tie up with Commerzbank, writing letters last month to German ...
Germany’s government decided to keep its stake in Commerzbank CBK0.68%increase; green up pointing triangle until further notice, after a sale of a portion of its shares to Italy’s UniCredit ...
Italian lender UniCredit's "very aggressive, very opaque" bid for Commerzbank has been criticized by Germany's Finance Minister Jörg Kukies, who stressed that hostile takeovers don't usually work.
In addition, UniCredit is one of Europe’s most profitable banks, and it has experience operating in Germany through its ownership of HypoVereinsbank, a Munich-based lender that it acquired in 2008.
MUNICH/FRANKFURT/MILAN (Reuters) -Just days before UniCredit CEO Andrea Orcel set his sight on a takeover target in Italy, more evidence emerged of fierce resistance to his interest in German ...
Germany rejects UniCredit's latest Commerzbank stake hike in strongest rebuke yet. By Valentina Za, Rachel More and Tom Sims. December 18, 2024 4:41 PM UTC Updated December 18, 2024 ...
ROME (Reuters) -Germany does not expect Italy's UniCredit to launch a full bid for German rival Commerzbank at present, German Chancellor Friedrich Merz said on Saturday. UniCredit disclosed last ...
Brussels wants bigger, more efficient banks to help restore Europe’s competitiveness. National capitals have other ideas.
Orcel said UniCredit was doing all it could to meet terms set by Rome for the bid to go ahead, including exiting its ...
Germany does not expect Italy's UniCredit to launch a full bid for German rival Commerzbank at present, German Chancellor Friedrich Merz said on Saturday. Skip to main content.
“The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of UniCredit’s bid for Commerzbank.