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Orcel, dealmaker determined to redraw Europe's banking map
Orcel, the dealmaker determined to redraw Europe's banking map
By Valentina Za and Stefania Spezzati MILAN/LONDON (Reuters) -Upon taking the top job at Italian bank UniCredit in 2021, Andrea Orcel, a veteran M&A adviser, vowed not to repeat the mistake he saw many CEOs make: cave in to pressure to do deals.
UniCredit’s Orcel labels Commerzbank buy-up merely ‘an investment’
The Italian CEO said a tie-up with Germany’s second-largest lender would be best, but only under the right terms. Meanwhile, if Commerzbank is looking for a lifeline, it won’t be from Deutsche Bank.
Banking’s Ultimate Dealmaker Orcel Hits German Resistance
Andrea Orcel’s audacious move on Commerzbank AG caught many in Germany unawares. On Friday, Berlin hit back.
finews
14h
Gabriele La Monica: «Andrea Orcel Will Succeed»
The Germans, and to some extent the French, have long been accustomed to seeing Italy as a sort of discount store where they ...
devdiscourse
33m
Andrea Orcel's Bold Move: UniCredit's Strategic Bid for Commerzbank
Andrea Orcel, CEO of Italian bank UniCredit, is making waves with his strategic acquisition of a stake in Germany's Commerzbank. Despite resistance from politicians and backlash from the German ...
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 ...
6d
Andrea Orcel, Commerzbank and the redemption trade
After advising on the disastrous break-up of ABN Amro, the banker appears to be positioning UniCredit for a takeover of its ...
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 ...
Bloomberg L.P.
5d
UniCredit’s Orcel Says He Won’t Ask for Commerzbank Board Seat
UniCredit SpA Chief Executive Officer
Andrea
Orcel
said he won’t seek a board seat for his lender at Commerzbank AG.
5d
Can Andrea Orcel be stopped from buying Commerzbank?
When UniCredit bought 9 per cent of Commerzbank this month, the Italian bank’s chief executive Andrea Orcel sought to ...
23h
on MSN
How a corporate raid on a state-owned German bank sparked a diplomatic row with Italy
With his finely tailored suits and easy charm, Italian banker Andrea Orcel looks every inch the man ready to reshape Europe’s ...
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Commerzbank
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