Despite its failure to strike a deal for its Russian business, UniCredit has been at the centre of attempted takeovers in the ...
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Hosted on MSNUkraine turnaround cd speed exit from Russia says OrcelUniCredit CEO Andrea CEO told the Financial Times Thursday that a turnaround in the Ukraine war might accelerate the exit of ...
UniCredit SpA has expanded its holding in Italy’s largest insurer, potentially giving Chief Executive Officer Andrea Orcel more influence in future deals. Orcel said Tuesday during UniCredit’s ...
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Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targetsCommerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a ...
UniCredit SpA Chief Executive Officer Andrea Orcel wants to decide at the end of this year whether he makes a takeover offer for Commerzbank AG, linking the decision to the next German government’s ...
UniCredit CEO Andrea Orcel on Tuesday pledged to keep this year's profit steady despite easing revenue, and said the Italian bank would decide whether to bid for Germany's Commerzbank only in three to ...
(Bloomberg) -- If UniCredit SpA Chief Executive Officer Andrea Orcel thought victory for the business-friendly conservatives in next week’s German election might smooth his path to taking ...
Full-year profits rose 2 per cent to a record €9.7bn, and chief executive Andrea Orcel offered a sweetener to shareholders with a pledge to increase shareholder distributions, with half in cash.
Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank’s M&A overtures.
Commerzbank plans to axe 3,900 mostly local jobs to help it deliver more ambitious profit targets as part of its strategy to ...
Orcel also tried to dispel concerns he may take away power from Commerzbank, saying decision-making would be kept in Germany. “This would be a bank made in Germany, for Germany,” he said in ...
UniCredit's Russian subsidiary last year sued the Italian bank's own German arm as part of a court case relating to guarantee ...
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