• 0RLS
• CBKG

UniCredit's 'federal model' boosts its foreign subsidiaries, CEO says

UniCredit's CEO Andrea Orcel advocates for a federal banking model in Europe, discussing potential acquisitions and the need for financial integration amidst ongoing tensions in Germany.

• 0RLS
• CBKG

UniCredit and Commerzbank in five charts

UniCredit and Commerzbank executives discuss potential consolidation as both banks show differing financial strengths and challenges, with UniCredit currently outperforming in profitability.

• 0RLS
• CBKG

Orcel, the dealmaker determined to redraw Europe's banking map

Andrea Orcel of UniCredit pushes for a merger with Commerzbank, despite political backlash, aiming to reshape the European banking landscape amidst personal and professional challenges.

• 0RLS
• CBKG

UniCredit CEO Orcel attended virtual meeting with Commerzbank, source says

UniCredit's chief attended a virtual call with Commerzbank after becoming its largest private investor; discussions included financial targets amid tensions regarding potential mergers and headquarters location.

• 0RLS
• CBKG

UniCredit to shift retrained staff from central offices to network, sources say

UniCredit plans major retraining for 600 staff, aiming for early retirements and a stronger branch network, as CEO Orcel focuses on sales and downsizing central offices.

• CBKG

Exclusive-Germany's finance minister underscores concern over Commerzbank takeover approach to Italy, say sources

Germany's finance minister voiced concerns to Italy about UniCredit's potential hostile takeover of Commerzbank, intensifying political pressure to halt the move crucial for Germany's economy.

• CBKG

Commerzbank, UniCredit to meet Friday morning, source says

Commerzbank and UniCredit are holding virtual talks about a potential merger, prompted by UniCredit's recent acquisition of a 9% stake in Commerzbank amidst mixed political reactions.

• CBKG

Germany's Commerzbank has a bumpy history with big M&A

• CBKG

Commerzbank to hold first talks with UniCredit on Friday

Commerzbank's new CEO, Bettina Orlopp, announced initial talks with UniCredit regarding a potential merger following UniCredit's acquisition of a 9% stake in Commerzbank.

• 0RLS
• CBKG

Commerzbank to begin talks with UniCredit as it woos investors with profit goals