UNICREDIT has made a surprise new move in the fight to dominate the Italian financial system by unveiling a minority stake in ...
UniCredit on Sunday disclosed a 4.1% stake in Generali, a move that the bank said had no strategic intentions but which increases CEO Andrea Orcel's bargaining power in the game of chess taking place ...
CREDIT Agricole, France’s second-biggest listed bank, blew past quarterly earnings forecasts on Wednesday (Feb 5) with a 27 per cent jump in profit, driven by insurance and asset management even as ...
Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no ...
UniCredit has been involved recently in a flurry of dealmaking activity, including a bid for Banco BPM and a raised stake in ...
In her quest to keep Commerzbank AG independent, Bettina Orlopp has concluded that large acquisitions probably aren’t the ...
Italian bank Monte dei Paschi di Siena said Friday that it was launching a bid for its larger rival Mediobanca in a potential ...
Amundi is “in the market” for more acquisitions, according to its chief executive, as Europe’s largest asset manager reported record net inflows last year that helped lift assets under management to a ...
The German lender Commerzbank will buy back shares worth as much as €400 million, according to its earnings statement ...
Dutch bank ING has agreed to sell its Russian business to a Moscow-based company, taking a €700mn hit to profits and ending its activities in the country nearly three years after the Kremlin’s ...
UniCredit said it would reduce costs by creating a single system to handle securities services both in Germany and Italy, its two main markets. Simplifying and standardising banking services makes ...
Some of that ambition was on display with UniCredit buying a stake in Commerzbank ... Germany's Deutsche Bank and Spain's BBVA report on Thursday, France's BNP Paribas and Societe Generale and ...