UniCredit SpA – ReportWire

Dutch government to reduce its stake in ABN Amro by a quarter

[ad_1] Jasper Juinen | Bloomberg | Getty Images The Dutch government on Tuesday said it will reduce its stake in lender ABN Amro by a quarter...

Banking5 months ago

Commerzbank and UniCredit set to meet as takeover prospect looms

[ad_1] A Commerzbank AG bank branch, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Krisztian Bocsi | Bloomberg | Getty Images Commerzbank...

Banking5 months ago

Bettina Orlopp: The woman tasked with leading Commerzbank amid UniCredit takeover battle

[ad_1] Bettina Orlopp, chief financial officer of Commerzbank AG, speaks during a fourth quarter earnings news conference at the bank’s headquarters in Frankfurt, Germany, on Thursday,...

Banking5 months ago

Commerzbank board member warns of significant job losses with a hostile UniCredit takeover

[ad_1] 15 February 2024, Hesse, Frankfurt/M.: The lettering “Commerzbank” can be seen on the Commerzbank Tower in the center of the banking city. Boosted by the...

Banking5 months ago

UniCredit boosts its stake in Commerzbank, applies to own up to 29.9% of the German bank

[ad_1] Commerzbank headquarters in the financial district of Frankfurt, Germany, on Sept. 12, 2024. Bloomberg | Bloomberg | Getty Images UniCredit announced on Monday it had...

Banking5 months ago

What buying Commerzbank would mean for UniCredit — and the banking sector

[ad_1] The Commerzbank building (second from right) in Frankfurt am Main, western Germany, on Sept. 25, 2023. Kirill Kudryavtsev | Afp | Getty Images UniCredit‘s move...

Banking5 months ago

UniCredit’s Andrea Orcel plays a bold hand, with Commerzbank in his sights

[ad_1] UniCredit CEO Andrea Orcel during an interview at the World Economic Forum (WEF) in Davos, Switzerland, on Jan. 18, 2024. Bloomberg | Bloomberg | Getty...

Banking6 months ago

Italy looks like fertile ground for a mega merger deal in banking

[ad_1] Banking analysts assess the possibility of a banking merger in Italy. Bloomberg | Bloomberg | Getty Images MILAN, Italy — European policymakers have longed for...

Banking7 months ago

Deutsche Bank shares drop 8% after lender snaps 15-quarter profit streak

[ad_1] Deutsche Bank on Wednesday snapped a 15-quarter profit streak with a narrower-than-expected loss, as it made a provision for an ongoing lawsuit over its Postbank...

Banking1 year ago

Shares of Italy’s UniCredit jump 10% and hit eight-year high on earnings beat

[ad_1] A logo on the UniCredit SpA headquarters in Milan, Italy, on Saturday Jan. 22, 2022. Bloomberg | Getty Images Shares of Italian bank UniCredit hit...

Banking1 year ago

Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds

[ad_1] Wefox CEO Julian Teicke. Wefox Wefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche Bank and UniCredit,...

Banking2 years ago

Credit Suisse shares slide 21%, trading halted after Saudi backer rules out further assistance

[ad_1] Credit Suisse on Thursday announced that it will delay the publication of its 2022 annual report. Stefan Wermuth | Bloomberg | Getty Images Shares of...

World News2 years ago

UniCredit CEO says Europe may defy the odds and avoid a recession

[ad_1] A pedestrian wearing a protective face mask walks in front of a UniCredit SpA bank branch in Milan, Italy, on Thursday, Sept. 3, 2020. Camilla...