The Italian government is growing concerned about the prospect of an increased French presence in its finance industry, with two major deals in the works that could potentially reshape the market.

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's investment in Commerzbank and bid for Banco BPM will test if the European Union is serious about greater integration, the Italian bank's CEO wrote in an opinion piece for the Financial ...

A committee was formed in June 2023, three months after Credit Suisse’s collapse, to probe the official response to the ...

MILAN (Reuters) -UniCredit CEO Andrea Orcel said his bank's investment in German rival Commerzbank and its bid for smaller ...

Shares in JPMorgan and Bank of America both fell 3.4 per cent on Wednesday, with Goldman Sachs lower by 4.3 per cent. The Dow Jones Industrial Average closed 2.58 per cent lower for the day. Shares in ...

Unicredit, on its part, has stressed that its current involvement with Commerzbank is purely an investment. CEO Andrea Orcel ...

Germany has rejected UniCredit's latest Commerzbank stake increase as an "uncoordinated and unfriendly approach", strongly ...

Commerzbank has, like some other banks, had a rocky history with big mergers and acquisitions over the years. These are some ...

Italy’s UniCredit said yesterday it had raised its stake in Commerzbank to 28%, ratcheting up the pressure on the German ...

Defense concerns, foreign owners, even Russian subsidies — any excuse to stop UniCredit’s unrelenting advance is a good one, ...