UniCredit, Commerzbank merger could add shareholder value, Orcel …
WEB5 days ago · BERLIN, Sept 16 (Reuters) - A merger of UniCredit (CRDI.MI) and Commerzbank (CBKG.DE) could add value for all stakeholders and create a stronger bank, UniCredit CEO Andrea Orcel told a...
Andrea Orcel plots UniCredit’s boldest move yet on Commerzbank
WEBSep 12, 2024 · On Thursday morning, Orcel confirmed that UniCredit was considering increasing its stake and potentially merging with Commerzbank. “We think there is space given fragmentation of the market to ...
Berlin ‘very sceptical’ about UniCredit move on Commerzbank
WEB1 day ago · The person added it was “nonsensical” for UniCredit’s chief executive Andrea Orcel to argue the German government welcomed his bid. ... Share News Tips Securely Individual Subscriptions ...
Orcel Reiterates UniCredit Will Be Active Commerzbank Investor
WEB5 days ago · UniCredit SpA Chief Executive Officer Andrea Orcel said he intends to play an active role in Commerzbank AG’s strategy after becoming a major investor, reiterating a stance he outlined in a ...
UniCredit’s Andrea Orcel plays a bold hand, with Commerzbank …
WEBSep 12, 2024 · UniCredit ’s CEO Andrea Orcel revealed his hand this week as the Italian lender built a 9% stake in Commerzbank — and a takeover bid for the German rival could still be in the cards. UniCredit ...
UniCredit’s Andrea Orcel swoops on Commerzbank - Financial …
WEBSep 11, 2024 · UniCredit spent up to €1.4bn to become the second-largest Commerzbank shareholder after the German government, acquiring a 4.5 per cent stake from the Finance Agency on Tuesday night and a ...
UniCredit CEO Andrea Orcel’s Commerzbank Share Deal Opens …
WEBSep 11, 2024 · It was a moment Andrea Orcel, chief executive officer of UniCredit SpA, had also been anticipating. On Wednesday, UniCredit revealed that it now owned 9% of Commerzbank, adding all the shares ...
UniCredit CEO says Commerzbank takeover an option: Bloomberg
WEBSep 12, 2024 · UniCredit is studying a takeover of Commerzbank, Chief Executive Andrea Orcel said Thursday, a day after Italy's second-largest bank surprised markets by revealing a nine-percent stake in its...
The Suave Italian Banker Who Wants to Be the Jamie Dimon of …
WEB6 days ago · Andrea Orcel has teed up UniCredit for a potential takeover of rival Commerzbank. He wants to build something Europe lacks—a banking champion.
Orcel’s Surprise Swoop on Commerzbank Was Long in the Making
WEBSep 12, 2024 · (Bloomberg) -- This summer, the German government appeared ready to finally reduce its stake in Commerzbank AG. It was a moment Andrea Orcel, chief executive officer of UniCredit SpA, had also...