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 ...
The deal is part of Chief Executive Officer Andrea Orcel’s effort to boost risk-adjusted returns on the bank’s assets. Earlier this week, he vowed to step up the amount of money he will return to ...
UniCredit raised its profit outlook on Wednesday and said it would start paying out half of its net income to investors in ...
(Bloomberg) -- UniCredit SpA Chief Executive Officer Andrea Orcel said he won’t seek a supervisory board seat at Commerzbank AG even though he wants to make sure the German lender becomes more ...
"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 ...
Italian bank UniCredit and Germany’s Commerzbank delivered contrasting third-quarter earnings on Wednesday as UniCredit ...
(This Sept. 19 story has been corrected to remove the reference to hedge fund, in paragraph 27) By John O'Donnell FRANKFURT (Reuters) - For decades, Andrea Orcel was the 'rainmaker' who CEOs turned to ...