In a letter to the Financial Times, Unicredit CEO Andrea Orcel explains the reasons for the Commerz and Banco Bpm operations: "They are tests that will make us understand if we are serious about integ ...

-- UniCredit's investment in Commerzbank and bid for Banco BPM will test if the European Union is serious about greater integration, the Italian bank's CEO wrote in an opinion piece for the Financial ...

A committee was formed in June 2023, three months after Credit Suisse’s collapse, to probe the official response to the ...

MILAN (Reuters) -UniCredit CEO Andrea Orcel said his bank's investment in German rival Commerzbank and its bid for smaller ...

Shares in JPMorgan and Bank of America both fell 3.4 per cent on Wednesday, with Goldman Sachs lower by 4.3 per cent. The Dow Jones Industrial Average closed 2.58 per cent lower for the day. Shares in ...

UniCredit Chief Executive Andrea Orcel isn't giving up on buying Commerzbank. The Italian bank he leads said Wednesday that ...

Italian bank UniCredit said Wednesday it had boosted its stake in Germany's Commerzbank, intensifying takeover speculation ...

The Italian bank raised its stake to 28%, building on previous efforts to stock up its holding in its German rival and ...

The bank last month made an unsolicited $10 billion-plus approach for Italian peer Banco BPM that was rebuffed. Shares in UniCredit and Commerzbank sold down on the day as the market took the move as ...