Italy Industry Minister Backs UniCredit-Commerzbank Deal
WEB1 day ago · Italy’s Industry Minister Adolfo Urso backed a potential takeover of Commerzbank AG by Milan-based UniCredit SpA which has threatened to sour relations between Berlin and Rome.
Six ECB governors say they support UniCredit-Commerzbank deal …
WEB2 days ago · Six European Central Bank policymakers told Reuters they were broadly in favour of a tie-up between Italy's UniCredit and Germany's Commerzbank and viewed Berlin's opposition to a deal as running ...
European politics must leave markets to decide on UniCredit …
WEB2 days ago · Italy's UniCredit angered the German government this week by raising its holding in Commerzbank close to 21%, ... Reuters, the news and media division of Thomson Reuters, is the world’s largest ...
Commerzbank board member warns of job losses with hostile UniCredit
WEB3 days ago · Commerzbank board member warns of significant job losses with a hostile UniCredit takeover. Economist and former European Central Bank Governor Mario Draghi flagged in a recent report that banks ...
Italy's foreign minister praises UniCredit's Commerzbank move
WEB4 days ago · UniCredit is "doing well" to act within the European Union's internal market, Italian Foreign Minister Antonio Tajani told the Class CNBC network on Monday, commenting on the Milan-based bank ...
Citi Analysts See UniCredit-Commerzbank Deal as Likely Outcome
WEB1 day ago · September 26, 2024 at 10:21 AM EDT. Save. A merger between UniCredit SpAand Commerzbank AGis likely, despite opposition from the German government, according to analysts at Citigroup Inc. Citi ...
Commerzbank Set to Have First Meeting With UniCredit Tomorrow
WEB1 day ago · September 26, 2024 at 4:12 AM EDT. Save. Incoming Commerzbank AGChief Executive Officer Bettina Orloppsaid the lender’s leadership will have a meeting with UniCredit SpAon Friday as the Italian ...
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...
Berlin livid as UniCredit tightens its grip on Commerzbank
WEB3 days ago · September 23, 2024 9:54 pm CET. By Geoffrey Smith. In the battle for Commerzbank, the gloves are off. 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 ...
Italy’s UniCredit Trades Blows With Berlin Over Commerzbank
WEB4 days ago · The battle for Germany’s Commerzbank CBK 0.82% heated up Monday, with German leader Olaf Scholz and his government rallying to the bank’s defense after Italian suitor UniCredit UCG 1.64% moved ...
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