UniCredit, Commerzbank and Andrea Orcel

UniCredit Lifts Commerzbank Stake as Orcel Keeps Up Pursuit
UniCredit SpA has increased its holding in Commerzbank AG to about 28%, ratcheting up Chief Executive Officer Andrea Orcel’s pursuit of the German lender.
UniCredit CEO Keeps Pressure on Commerzbank
UniCredit Chief Executive Andrea Orcel isn't giving up on buying Commerzbank. The Italian bank he leads said Wednesday that it had increased its stake in the German rival, mostly through derivatives,
German Government Tells UniCredit to Exit Commerzbank Stake
Germany effectively called on UniCredit SpA to sell its stake in Commerzbank AG, just hours after the Italian bank said it had increased it, further escalating tensions between the two main shareholders in the German lender.
Germany rejects UniCredit's latest Commerzbank stake hik
Germany has rejected UniCredit's latest Commerzbank stake increase as an "uncoordinated and unfriendly approach", strongly rebuking the Italian bank.
UniCredit Ups Pressure On Commerzbank, Fuelling German Anger
Italian bank UniCredit said Wednesday it had boosted its stake in Germany's Commerzbank, intensifying takeover speculation and sparking condemnation from Berlin of an "unfriendly" move at a time the country is in political limbo.
UniCredit raises stake in Commerzbank to 28% as Orcel ups ante on pursuit
Investors are watching whether UniCredit will proceed with a takeover venture of Germany's Commerzbank or Italian peer Banco BPM.
UniCredit's Orcel Was Plotting Bid Before Banco BPM Forced Hand, Sources Say
Orcel has been out of favour in Rome since he snubbed a chance to buy MPS from the state in 2021, deeming as insufficient the ...
The Banker2d
Credit Suisse report slams management and regulators; Orcel says deals are test of European integration
A committee was formed in June 2023, three months after Credit Suisse’s collapse, to probe the official response to the ...
UniCredit CEO says Commerzbank stake, BPM bid are tests for Europe's future
MILAN (Reuters) -UniCredit CEO Andrea Orcel said his bank's investment in German rival Commerzbank and its bid for smaller ...
FIRSTonline2d
Orcel to FT: “Europe must decide on banking union, Commerz and Banco Bpm test on integration”
In a letter to the Financial Times, Unicredit CEO Andrea Orcel explains the reasons for the Commerz and Banco Bpm operations: "They are tests that will make us understand if we are serious about integ ...
UniCredit lifts Commerzbank exposure to 28%
UniCredit has gained control of about 28 per cent of Commerzbank’s voting rights, as the Italian lender escalated its pursuit ...
Reuters on MSN10d
FOCUS-UniCredit's Orcel was plotting bid before Banco BPM forced hand, sources say
Orcel has been out of favour in Rome since he snubbed a chance to buy MPS from the state in 2021, deeming as insufficient the ...
The Corner5d
Andrea Orcel’s Bicycle and the BBVA-Sabadell Confusion
The head of Unicredit accelerates acquisitions to maintain profit growth and attempt to lead European consolidation. Andrea ...