UniCredit, European Central Bank
Lagarde Backs Bank Mergers as ECB Prepares for UniCredit Verdict
European Central Bank President Christine Lagarde reinforced her support for international banking tie-ups in the euro zone, saying they can produce many upsides including a greater ability to compete with foreign rivals.
ECB Chief Backs Bank Mergers Amid UniCredit, Commerzbank Talk
ECB chief Christine Lagarde said Monday that cross-border banking mergers in Europe were "desirable" to boost their competitiveness, despite mounting German opposition to a potential tie-up between Commerzbank and Italy's UniCredit.
Italy Guards UniCredit Amidst Cross-Border Merger Talks
Italy is concerned that UniCredit may move its headquarters to Germany if it merges with Commerzbank. The Italian government is prepared to leverage its 'golden power' to block or set conditions on the merger.
ECB's Lagarde praises bank mergers as UniCredit courts Commerzbank
FRANKFURT (Reuters) -Mergers between European banks are "desirable" if they help them compete with their U.S. and Chinese rivals, European Central Bank President Christine Lagarde said on Monday, as Italy's UniCredit pressed for a tie-up with Germany's Commerzbank.
ECB’s Lagarde supports bank mergers as UniCredit-Commerzbank talks intensify
The ECB has indicated its support for UniCredit’s potential full takeover of Commerzbank, as cross-border banking mergers align with the single market’s unity strategy, enhancing the competitiveness of the European banking system on a global scale.
UniCredit to shift retrained staff from central offices to network, sources say
UniCredit plans to invest significantly in the retraining of 600 staff who will then be largely moved to the Italian bank's ...
UniCredit Needs Germany to Think More European About Commerzbank
Andrea Orcel has to win two battles for UniCredit SpA to take over Germany’s Commerzbank AG. First, the Italian bank’s chief ...
UniCredit CEO Orcel Attended Virtual Meeting With Commerzbank, Source Says
Commerzbank's designated CEO Bettina Orlopp was also present on Friday's conference call, which a UniCredit source had ...
UniCredit and Commerzbank in five charts
UniCredit chief executive officer Andrea Orcel and Commerzbank's designated chief Bettina Orlopp have held a first round of ...
Arguments Against Commerzbank, UniCredit Tie-up 'Unconvincing': Economist
UniCredit's interest in Commerzbank has raised hackles in Germany but a leading economist who chairs a panel advising Chancellor Olaf Scholz's government said Monday the arguments against a potential ...
Commerzbank and UniCredit hold talks as takeover prospect looms
Commerzbank and UniCredit are set to begin talks Friday, with the German bank on the defensive over a potential takeover ...
Italy could intervene over UniCredit HQ in Commerzbank deal
Italy fears that UniCredit may shift its central offices to Germany as part of any deal with Commerzbank, government ...
Analysts Offer Insights on Financial Companies: UniCredit SpA (OtherUNCFF) and Eclipx Group Ltd. (OtherECXXF)
There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on UniCredit SpA (UNCFF – Research Report) and ...
frontline.thehindu1d
The Italian job: What Unicredit’s bold bid for Commerzbank tells us about European economy
Italian banking group Unicredit’s pursuit of Germany’s Commerzbank highlights Europe’s economic struggles and potential ...