BPM chief executive Giuseppe Castagna lashed out against the latest move by UniCredit in a television interview, labelling Monday’s announcement “very dangerous” and an attempt to influence the ...
To lift the value of UniCredit shares before using them as an acquisition currency, Orcel has returned shareholders 26 billion euros ($27 billion) in share buybacks and dividends between 2021 and ...
FRANKFURT (Reuters) -Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no discussion of it with the Italian bank in the past two ...
German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to ...
Italian bank UniCredit has revealed a 4.1% holding in ... Last month, Generali entered a non-binding agreement with France's BPCE to merge their asset management operations. The joint venture ...
UniCredit remains focused on its takeover bid for Banco BPM and its stake in Commerzbank, a spokesperson for the Italian bank said, after two sources confirmed a report about an investment in Generali ...
BERLIN (Reuters) - Commerzbank reiterated on Friday that it will not meet with UniCredit for formal discussions until it receives a specific proposal from the Italian bank, which has ruffled ...
Frankfurt (Germany) (AFP) – Suggestions that German lender Commerzbank was considering cutting thousands of jobs as it fights off an unwanted advance from Italy's UniCredit had unsettled ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UniCredit and Commerzbank are launching competing campaigns to win over Germany’s Mittelstand ...