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Commerzbank and UniCredit set to meet
Commerzbank's designated CEO meets UniCredit in first talks, sources say
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 with its Italian suitor.
Commerzbank and UniCredit hold talks as takeover prospect looms
Commerzbank and UniCredit are set to begin talks Friday, with the German bank on the defensive over a potential takeover after its Italian counterpart unexpectedly increased its stake earlier this month.
Commerzbank Backer Calls for UniCredit Talks With CEO in Place
An influential Commerzbank AG investor urged the lender to engage in talks with UniCredit SpA, as the government in Berlin acknowledged there’s little it can do should the Italian rival continue to raise its stake.
2d
UniCredit to shift retrained staff from central offices to network, sources say
UniCredit plans to invest significantly in the retraining of 600 staff who will then be largely moved to the Italian bank's ...
1d
UniCredit CEO Orcel Attended Virtual Meeting With Commerzbank, Source Says
Commerzbank's designated CEO Bettina Orlopp was also present on Friday's conference call, which a UniCredit source had ...
3d
Citi Analysts See UniCredit-Commerzbank Deal as Likely Outcome
A merger between UniCredit SpA and Commerzbank AG is likely, despite opposition from the German government, according to ...
1d
UniCredit, Commerzebank executives held virtual meeting, reports say
Chief Executive Andrea Orcel met virtually with Commzerzbank (CRZBF)(CRZBY) on Friday after the Italian bank became the ...
GlobalCapital
3d
UniCredit stakebuild is another win for Barclays’ new IB gameplan
Helping UniCredit build its stake in Commerzbank is a coup for Barclays, as it tries to climb in investment banking under new ...
5d
Italy’s UniCredit Trades Blows With Berlin Over Commerzbank
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
3d
UniCredit's pursuit of Commerzbank reflects a watershed moment for Europe — and its banking union
European banking’s latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc’s incomplete banking union.
frontline.thehindu
11h
The Italian job: What Unicredit’s bold bid for Commerzbank tells us about European economy
Italian banking group Unicredit’s pursuit of Germany’s Commerzbank highlights Europe’s economic struggles and potential ...
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Commerzbank
Germany
Andrea Orcel
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Olaf Scholz
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