Italy could intervene over UniCredit HQ in Commerzbank deal
WEB2 days ago — 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), government officials said, adding Rome ...
UniCredit's Junior Debt Rating Might Top Italy's if It Buys ... - U.S. News
WEB1 day ago — US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. ... Italy's UniCredit has built a near 21% stake in Commerzbank, pending supervisory approval, and ...
ECB chief backs bank mergers amid UniCredit, Commerzbank talk
WEB2 days ago — Italy's second-biggest bank is also seeking ECB permission to raise its stake to 29.9 percent, just short of the 30 percent threshold that would require it to make a public offer for the entire bank.
UniCredit and Commerzbank in five charts - Yahoo Finance
WEB2 days ago — UniCredit chief executive officer Andrea Orcel and Commerzbank's designated chief Bettina Orlopp have held a first round of talks as the Italian bank presses to explore a tie-up and the German ...
Exclusive-German finance minister tells Italy of his concerns on ...
WEB5 days ago — BERLIN (Reuters) -Germany's finance minister has conveyed to Italy's Treasury his concerns about any takeover of Commerzbank by Italian lender UniCredit, two people familiar with the matter...
European politics must leave markets to decide on UniCredit …
WEBSep 25, 2024 — Italy's UniCredit angered the German government this week by raising its holding in Commerzbank close to 21%, ... Reuters, the news and media division of Thomson Reuters, is the world’s largest ...
UniCredit to return €8.6bn to shareholders - Financial Times
WEBFeb 5, 2024 — UniCredit shares hit an eight-year high on Monday after the bank said it would return its entire 2023 profit pool of €8.6bn to investors. Italy’s second-biggest bank reported quarterly earnings...
Can Andrea Orcel solve UniCredit’s big strategic question?
WEBJun 3, 2024 — When Andrea Orcel fired the head of UniCredit’s Italian business in 2022, the chief executive replaced him with the only person he trusted to do the job properly: himself. Even for a...
UniCredit beats profit forecast, prepares for waning rate boost
WEBMILAN, Oct 24 (Reuters) - Italy's UniCredit (CRDI.MI) on Tuesday beat third-quarter profit forecasts, but kept its full-year income goal unchanged and outlined plans to counter an eventual...
UniCredit boosts profit forecast - Financial Times
WEBMay 7, 2024 — Italian lender plans to distribute about €10bn to investors this year after earnings beat expectations. UniCredit chief Andrea Orcel said the bank ‘started the year on [an] extremely strong ...