Andrea Orcel made his name helping banks choose the moment to pounce on a rival. Last week, the CEO of Italy’s deal-hungry UniCredit UCG-0.07%decrease; red down pointing triangle made his own ...
"There are very few overlaps" between the banks, he said. Now he has laid out the case, Orcel said it was up to Commerzbank to decide. "The decision lies with Commerzbank's stakeholders," he said.
Berlin’s announcement last week that it was planning to sell down its remaining 16.5 per cent stake in Commerzbank appears to have paved the way for UniCredit’s chief executive Andrea Orcel to ...
European Central Bank President Christine Lagarde said that a tie-up between Italy’s UniCredit SpA and Germany’s Commerzbank would be welcomed by those who’ve been calling for greater ...
Hi, it’s Jan-Henrik Förster in Zurich, looking at the message Andrea Orcel is sending to his fellow bank CEOs in Europe. Also today, Nippon Steel is mounting a last-ditch push for US Steel and ...
UniCredit's Commerzbank move sparks opposition, defence Orcel faces political resistance from within Germany ECB approval needed to buy up to 30% of Commerzbank FRANKFURT, Sept 19 (Reuters ...
FRANKFURT (Reuters) – For decades, Andrea Orcel was the ‘rainmaker’ who CEOs turned to for advice on the big deals that reshaped the banking landscape. Now, as UniCredit chief executive ...