Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, warning that two-thirds of the jobs at the German lender could be cut in a ...
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 ...
"All the options are on the table," Orcel said Thursday in a Bloomberg TV interview. UniCredit's CEO AndreaOrcel revealed his hand this week as the Italian lender built a 9% stake in ...