UniCredit is working for closer financial integration in Europe, a mandatory step if the bloc's economy wants to address its yawning output gap with the United States, CEO Andrea Orcel said on Tuesday
Commerzbank's Chief Executive Officer said on Tuesday that the Italian bank UniCredit "might want more" of Commerzbank and that "this wasn't something we chose".
Italy fears that UniCredit may shift its central offices to Germany as part of any deal with Commerzbank , government officials said, adding Rome expects to have a say in the matter based on its 'gold

UniCredit and Commerzbank in five charts

07:29am, Monday, 30'th Sep 2024
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 a tie-up and the German bank re
UniCredit's effort to buy Germany's Commerzbank is a test of a broader project to revive Europe's vitality and stature in the world.
UniCredit chief Andrea Orcel attended a virtual meeting the Italian bank held on Friday with Commerzbank after becoming the German lender's biggest private investor, a source with knowledge of the mat
UniCredit plans to invest significantly in the retraining of 600 staff who will then be largely moved to the Italian bank's branch network as CEO Andrea Orcel slims down central offices and powers the
Executives from UniCredit and Commerzbank held their first meeting on Friday, after the Italian bank this month emerged as the biggest investor in its German peer with a nearly 21% stake, subject to s
A tie-up between Italy's UniCredit and Germany's Commerzbank would be in line with the need for a more integrated banking system in Europe, Italy's industry minister said on Friday.
A meeting between Commerzbank and UniCredit on Friday will be held virtually in the morning, a source told Reuters.
Italian Deputy Prime Minister Matteo Salvini on Thursday said he would not want to see UniCredit shift its legal base to Germany as part of a potential Commerzbank deal.
Commerzbank's designated CEO, Bettina Orlopp, said on Thursday that the bank will hold a first round of talks with UniCredit on Friday as the Italian lender presses for a possible tie-up.
Credit rating agency S&P Global said it saw risks that Commerzbank's creditworthiness could come under pressure if Italian bank UniCredit succeeded in its takeover attempt.
Commerzbank's supervisory and management boards have confirmed the bank's current strategy of independence, the lender said on Thursday, as Italy's UniCredit presses for a possible tie-up.
Russ Mould, AJ Bell's investment director, discusses a potential UniCredit bid on German lender Commerzbank.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE