Germany Knew UniCredit Had Commerzbank Stake, Orcel Says
UniCredit SpA’s investment in Commerzbank AG shouldn’t have come as a surprise to the relevant parties, the Italian lender’s Chief Executive Officer Andrea Orcel said in a bid to address some concerns after disclosing a 9% stake in the German bank.
For decades, Andrea Orcel was the 'rainmaker' who CEOs turned to for advice on the big deals that reshaped the banking ...
Italian lender’s purchase of 9% stake in German rival could signal start of long-awaited banking consolidation ...
Andrea Orcel, UniCredit's CEO, aims to break European political resistance to cross-border mergers through a bold stake in Commerzbank. Orcel's efforts may face obstacles from national politics and ...
For decades, Andrea Orcel was the 'rainmaker' who CEOs turned to for advice on the big deals that reshaped the banking landscape.
Former UBS dealmaker has contemplated a tie-up with the state-backed German lender for years but Berlin may balk ...
UniCredit will seek ECB clearance to potentially buy up to 30% of Commerzbank, three people close to the matter said, in ...
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