Italy could intervene over UniCredit HQ in Commerzbank deal
WEB1 day ago · ROME, Sept 30 (Reuters) - Italy fears that UniCredit (CRDI.MI) may shift its central offices to Germany as part of any deal with Commerzbank (CBKG.DE), government officials said, adding Rome...
UniCredit's 'federal model' boosts its foreign subsidiaries, CEO says
WEB9 hours ago · MILAN, Oct 1 (Reuters) - UniCredit (CRDI.MI) has built a "federal model" as a pan-European bank with subsidiaries in each of its 13 markets that can act locally, CEO Andrea Orcel said, as he...
UniCredit and Commerzbank in five charts - Yahoo Finance
WEB1 day ago · FRANKFURT/MILAN (Reuters) -UniCredit chief executive officer Andrea Orcel and Commerzbank's designated chief Bettina Orlopp have held a first round of talks as the Italian bank presses to explore...
UniCredit CEO Says EU Needs Bigger Banks as He Eyes …
WEB9 hours ago · UniCredit SpA Chief Executive Officer Andrea Orcel, who’s pursuing a potential takeover of German rival Commerzbank AG, said Europe’s banks aren’t large enough to cover the bloc’s funding ...
ECB chief backs bank mergers amid UniCredit, Commerzbank talk
WEB1 day ago · Italy's second-biggest bank is also seeking ECB permission to raise its stake to 29.9 percent, just short of the 30 percent threshold that would require it to make a public offer for the entire...
Italy’s UniCredit Trades Blows With Berlin Over Commerzbank
WEBSep 23, 2024 · UniCredit is seeking to create a banking champion with nearly $1.5 trillion in assets in a deal that, if successful, could help trigger a long-awaited wave of mergers and acquisitions in European...
UniCredit to return €8.6bn to shareholders - Financial Times
WEBFeb 5, 2024 · UniCredit shares hit an eight-year high on Monday after the bank said it would return its entire 2023 profit pool of €8.6bn to investors. Italy’s second-biggest bank reported quarterly earnings...
Can Andrea Orcel solve UniCredit’s big strategic question?
WEBJun 3, 2024 · When Andrea Orcel fired the head of UniCredit’s Italian business in 2022, the chief executive replaced him with the only person he trusted to do the job properly: himself. Even for a...
Shares of Italy's UniCredit jump 10% and hit eight-year high on ... - CNBC
WEBFeb 5, 2024 · Shares of Italian bank UniCredit hit their highest level since 2015 on Monday, after announcing it would return 8.6 billion euros ($9.2 billion) to investors on the back of...
UniCredit beats profit forecast, prepares for waning rate boost
WEBMILAN, Oct 24 (Reuters) - Italy's UniCredit (CRDI.MI) on Tuesday beat third-quarter profit forecasts, but kept its full-year income goal unchanged and outlined plans to counter an eventual...