Berlin ‘very sceptical’ about UniCredit move on Commerzbank
Opposition within the German government to a potential takeover of Commerzbank by UniCredit is solidifying, amid anger at the way the Italian bank acquired its 9 per cent stake and concern over potential macroeconomic risks a merger might pose to the German economy.
Germany has made it clear that it will hold onto its remaining shares in Commerzbank for the foreseeable future, affirming ...
Germany will not sell any more shares in Commerzbank for now and the bank's strategy is "geared towards independence," the ...
Andrea Orcel, UniCredit's CEO, aims to break European political resistance to cross-border mergers through a bold stake in Commerzbank. Orcel's efforts may face obstacles from national politics and ...
Henrik Förster in Zurich, looking at the message Andrea Orcel is sending to his fellow bank CEOs in Europe. Also today, ...
For decades, Andrea Orcel was the 'rainmaker' who CEOs turned to for advice on the big deals that reshaped the banking landscape.
Andrea Orcel has teed up UniCredit for a potential takeover of rival Commerzbank. He wants to build something Europe lacks—a ...
UniCredit CEO Andrea Orcel stated that a merger with Commerzbank could deliver substantial value for stakeholders, ...
UniCredit will seek ECB clearance to potentially buy up to 30% of Commerzbank, three people close to the matter said, in ...
This summer, the German government appeared ready to finally reduce its stake in Commerzbank AG. It was a moment Andrea Orcel ...
Italian lender’s purchase of 9% stake in German rival could signal start of long-awaited banking consolidation ...
Global finance has a terrible habit of over-hyping the abilities of those at the very top. Who can forget the way in which ...
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