An Italian court has upheld the government’s demand that UniCredit exit its Russian operations as a condition for proceeding with its €45bn takeover of domestic rival Banco BPM, while striking down ...

The unsolicited offer launched by Italy's second largest lender for its smaller peer was met with government resistance in April when Rome invoked the so-called 'golden powers'--which allow the state ...

MILAN: An Italian court has backed the government's order to UniCredit to exit Russia as a condition for its US$16bil bid for ...

An Italian court accepted some of UniCredit SpA’s requests to annul conditions imposed on its bid for Banco BPM SpA, handing ...

Ruling on government demand is blow to chief executive Andrea Orcel, but Rome defeated on other conditions of the deal ...

Dimon – the go-to for US authorities when looking for a rescue buyer for ailing banks during times of crisis, having taken on ...

Investing.com -- UniCredit plans to continue its pursuit of Commerzbank (ETR: CBKG) despite the German government’s opposition to the potential takeover, according to comments from the Italian bank’s ...

In June, the ECB slashed borrowing costs for the eighth time in a year, bringing its key deposit rate down by 25 basis points ...

Germany called on UniCredit SpA Chief Executive Officer Andrea Orcel to abandon his pursuit of Commerzbank AG, after the Italian bank doubled its equity stake by converting derivatives into shares.

Italian lender UniCredit has increased its equity stake in Commerzbank to 20% by converting derivatives into stock. The move ...

German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its ...

Orcel's other M&A moves include a doubling of UniCredit's stake in Greece's Alpha Bank in May. He also built a stake in ...