Takeover targets Commerzbank and Banco BPM could both hedge this exposure. Orcel may need to decide between going big abroad or staying home, with analysts pointing to high integration costs and ...

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 billions of euros he was offered to offset potential risks and the impact ...

Italy's UniCredit said on Wednesday it has raised its potential stake in Commerzbank to 28% using further derivatives. Investors are watching whether UniCredit will take the leap with a buyout of ...

Orcel has said he’s going to try to convince the German government of the benefits of a deal. The way how Orcel has amassed the Commerzbank stake has led to frustration within the government ...

Unicredit is preparing to reorganize mergers and alliances, starting with an agreement with Prelios for impaired loans.

In one camp is Andrea Orcel, the suave global financier turned UniCredit chief executive. Facing him is Francesco Gaetano Caltagirone, the octogenarian industrialist-cum-media baron-cum-financial ...

UniCredit made bid for smaller rival Banco BPM last month Move followed BPM announcing bid for Anima, stake in MPS UniCredit CEO Orcel fighting on two fronts Puts Orcel's M&A credentials to test ...

UniCredit has applied to the European Central Bank for permission to acquire a stake of up to 29.9% in the German bank, as CEO Andrea Orcel simultaneously pursues a bid for Italian peer Banco BPM.

MILAN (Reuters) -UniCredit CEO Andrea Orcel has been drawing up plans to take over Banco BPM for years and was almost ready to pull the trigger, two sources close to the matter said. But instead ...