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Italian banking giant UniCredit said Friday it had secured approval from the European Central Bank to buy up to 29.9 percent of Commerzbank.
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Italian banking giant UniCredit said Friday it had secured approval from the European Central Bank to buy up to 29.9 percent of Commerzbank.
Italian bank UniCredit said Wednesday it had boosted its stake in Germany’s Commerzbank, intensifying takeover speculation and sparking condemnation from Berlin of an “unfriendly”...
Italian bank UniCredit’s move to increase its stake in German lender Commerzbank, which further fuelled speculation of a takeover bid, was “uncoordinated and unfriendly”,...
With its plans for Germany’s Commerzbank seemingly stalled, UniCredit, Italy’s second-largest lender, launched Monday a bid to buy its rival BPM for 10.1 billion...
ECB chief Christine Lagarde said Monday that cross-border banking mergers in Europe were “desirable” to boost their competitiveness, despite mounting German opposition to a...
Italian lender UniCredit said on Monday it has increased its stake in Commerzbank to around 21 percent, fuelling speculation that it could seek a...
UniCredit is studying a takeover of Commerzbank, Chief Executive Andrea Orcel said Thursday, a day after Italy’s second-largest bank surprised markets by revealing a...
UniCredit’s recent databreach is the the third security incident at Italy’s top bank in recent years (the others related to the time periods September...