Berlin livid as UniCredit tightens its grip on Commerzbank
Things hit fever pitch on Monday after Italy’s UniCredit, led by veteran dealmaker Andrea Orcel, announced out of the blue that it had entered into derivatives transactions that would raise its stake in Germany’s second-largest bank to 21 percent, making it the largest shareholder.
German Chancellor Olaf Scholz slammed as "an unfriendly attack" UniCredit's move to become the biggest investor in rival ...
European stocks are expected to start the week in positive territory as global markets continue to react positively to the ...
Commerzbank AG slumped as Germany said it won’t sell more shares in the lender. The Stoxx Europe 600 Index was little ...
For decades, Andrea Orcel was the 'rainmaker' who CEOs turned to for advice on the big deals that reshaped the banking ...
UniCredit on Monday said it’s reached an agreement to further increase its stake in Commerzbank as the German government ...
Overnight on Wall Street is morning in Europe.Monitor your investments 24 hours a day, around the clock from around the globe ...
UniCredit CEO Orcel aims to build Europe's biggest bank Commerzbank says to evaluate all options as shares fall 6% German opposition leader says UniCredit's strategy 'amateur' ECB to rule on ...
"Europe needs banks that are capable to support ... whose hedge fund is an investor in UniCredit and Commerzbank and backs a tie-up. 'WORK IN PROGRESS' Orcel's next test is getting ECB approval ...
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