ECB's Lagarde praises bank mergers as UniCredit courts …
WEB8 hours ago · Mergers between European banks are "desirable" if they help them compete with their U.S. and Chinese rivals, European Central Bank President Christine Lagarde said on Monday, as Italy's UniCredit ...
Italy could intervene over UniCredit HQ in Commerzbank deal
WEB7 hours ago · Veto seen as unfeasible in intra-EU deal. ROME, Sept 30 (Reuters) - Italy fears that UniCredit (CRDI.MI) may shift its central offices to Germany as part of any deal with Commerzbank (CBKG.DE ...
Commerzbank to hold first meeting with UniCredit on Friday
WEB4 days ago · UniCredit has sent shockwaves through the German establishment by rapidly building a 21 per cent stake in Commerzbank — subject to approval from the European Central Bank for the latest holdings ...
Commerzbank's designated CEO meets UniCredit in first talks, …
WEB3 days ago · Commerzbank's designated CEO Bettina Orlopp met with bankers from UniCredit virtually on Friday morning, two people with knowledge of the matter told Reuters, as the German bank kicked off talks ...
Live news: UniCredit will not push for board seat at …
WEB6 days ago · UniCredit will not ask for a board seat at Commerzbank, according to its chief executive, despite the Italian lender potentially becoming the German bank’s largest shareholder with a 21 per cent ...
UniCredit boosts its stake in Commerzbank, applies to own up to …
WEBSep 23, 2024 · UniCredit acquired the additional Commerzbank shares through financial instruments and has submitted a request to boost the holding to up to 29.9%. The German government, a major shareholder of ...
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 Boosts Investor Returns as Profit Triples Estimates
WEBFeb 5, 2024 · UniCredit SpAsurged to the highest in more than eight years after the bank boosted shareholder returns on 2023 profit to €8.6 billion ($9.3 billion), once again raising the payout benchmark for...
UniCredit Tops Estimates With Lift From Fees, Lending Income
WEBMay 7, 2024 · UniCredit Climbs After Higher Fees Lift Profit Past Estimates. CEO Orcel counts on higher fees to offset fading rate boost; Bank to pay out or deploy excess cash by 2027 at the latest
UniCredit Boosts Profit, Payout Targets After Record Quarter
WEBMay 3, 2023 · UniCredit SpAraised its full-year profit target and said it will boost shareholder payouts, after a surge in lending revenue helped the bank post its best-ever first-quarter.