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 ...
"All the options are on the table," Orcel said Thursday in a Bloomberg TV interview. UniCredit's CEO Andrea Orcel revealed his hand this week as the Italian lender built a 9% stake in ...
Former UBS dealmaker has contemplated a tie-up with the state-backed German lender for years but Berlin may balk ...
Unicredit CEO Andrea Orcel told Handelsblatt in an interview published on Monday. "For the moment, we are only a shareholder," he said. "But a merger of the two banks could lead to considerable ...
UniCredit CEO Andrea Orcel told a German newspaper on Monday, adding a decision was in the hands of Commerzbank stakeholders. Italy's second-largest bank took a 9% stake in Commerzbank last week ...
UniCredit CEO Andrea Orcel told a German newspaper today, adding a decision was in the hands of Commerzbank stakeholders. Italy's second-largest bank took a 9% stake in Commerzbank last week ...
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