UniCredit posts record profit as Andrea Orcel ups dealmaking stakes
Full-year profits rose 2 per cent to a record €9.7bn, and chief executive Andrea Orcel offered a sweetener to shareholders ...
UniCredit to Decide on Commerzbank Bid in a Year, Orcel Says
UniCredit SpA Chief Executive Officer Andrea Orcel wants to decide at the end of this year whether he makes a takeover offer ...
UniCredit threatens to drop Banco BPM takeover offer
UniCredit offered to buy the second largest Italian bank Banco BPM for €10bn in late November last year. The acquisition was ...
UniCredit Raises Generali Stake as Orcel Seeks Deals Influence
UniCredit SpA has expanded its holding in Italy’s largest insurer, potentially giving Chief Executive Officer Andrea Orcel ...
Commerzbank to cut 3,900 mostly German jobs as it tries to head off UniCredit
Commerzbank plans to axe 3,900 mostly local jobs to help it deliver more ambitious profit targets as part of its strategy to ...
Commerzbank plans job cuts, new targets to keep UniCredit away, sources say
Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by ...
Italy's UniCredit posts fourth-quarter profit beat, raises shareholder returns
Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid ...
Orcel Faces Fresh Opposition From Merz in Chase for Commerzbank
If UniCredit SpA Chief Executive Officer Andrea Orcel thought victory for the business-friendly conservatives in next week’s ...
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Italy's UniCredit guides 2025 revenue slowdown after fourth-quarter profit beat
CEO Andrea Orcel said UniCredit was progressing onto the next phase of its strategy and will "accelerate our growth, aspiring to further widen the gap with our competitors." Italy's second-largest ...