UniCredit CEO Andrea Orcel discusses the Italian bank's third-quarter earnings and its bid for Commerzbank.
UniCredit SpA Chief Executive Officer Andrea Orcel said he isn’t planning an imminent takeover bid for German rival Commerzbank AG, inserting a measure of calm into a tense cross-border standoff.“It’s ...
MILAN, Nov 6 (Reuters) - UniCredit CEO Andrea Orcel said on Wednesday banks need to be more efficient and profitable and ...
Greek banks are ready to spend money on deals abroad after emerging from years of painful restructuring, said the top ...
UniCredit and Commerzbank flaunted their financial strength as the fate of one of Europe’s largest banking mergers still ...
The German government said it wouldn’t be able to thwart an acquisition of Commerzbank AG by UniCredit SpA, highlighting the ...
UniCredit raised its profit outlook on Wednesday and said it would start paying out half of its net income to investors in ...
Germany's Commerzbank posted a decline in third quarter profits to €642 million ($689 million), down more than 6% on the year ...
"The process of engaging with all the stakeholders will take some time," Andrea Orcel told a conference call with analysts. UniCredit was the "largest investor in Commerzbank today", he said ...
Germany's Commerzbank raised some financial targets and said its plan for growth was working as it tries to fend off a ...
"During the quarter, we deployed some of our excess capital and made a strategic investment in Commerzbank, which may or may not eventually lead to a full combination," CEO Andrea Orcel said in a ...