UniCredit has Germany's trust, won't go hostile on Commerzbank, CEO says
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
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Andrea Orcel's Bold Move: Breaking Down Barriers in European Banking
Andrea Orcel, UniCredit's CEO, aims to break European political resistance to cross-border mergers through a bold stake in Commerzbank. Orcel's efforts may face obstacles from national politics and ...
German Government Won’t Sell More Commerzbank Shares for Now
The German government won’t sell any more shares in Commerzbank AG for now, the strongest signal yet that Berlin is opposed ...
The Suave Italian Banker Who Wants to Be the Jamie Dimon of Europe
Andrea Orcel has teed up UniCredit for a potential takeover of rival Commerzbank. He wants to build something Europe lacks—a ...
Commerzbank Labor Representative Sees Two-Thirds of Jobs at Risk
Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, ...
GlobalCapital23h
Deutsche should not be a dog in the Commerzbank manger
UniCredit’s raid to buy 9% of Commerzbank gives Deutsche three choices — all unattractive. But one is clearly less bad than ...
Orcel’s Surprise Swoop on Commerzbank Was Long in the Making
This summer, the German government appeared ready to finally reduce its stake in Commerzbank AG. It was a moment Andrea Orcel ...
Europe’s moribund economy hardly needs another value-destroying mega-merger
Global finance has a terrible habit of over-hyping the abilities of those at the very top. Who can forget the way in which ...