UniCredit's Orcel takes aim at Europe's banking borders with ...
WEB16 hours ago · A UniCredit-Commerzbank tie-up would be the biggest cross-border European banking deal since the global financial crisis. Orcel is betting UniCredit's existing ties in Germany - it owns...
UniCredit Should Move Soon on Commerzbank, JPMorgan …
WEB14 hours ago · UniCredit SpA should act quickly if it wants to be successful in a potential acquisition of Commerzbank AG, according to analysts at JPMorgan Chase & Co.
Explainer: ECB's role in any UniCredit and Commerzbank …
WEB16 hours ago · FRANKFURT, Sept 19 (Reuters) - UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to potentially raise this to 29.9%, sources told...
UniCredit to return €8.6bn to shareholders - Financial Times
WEBFeb 5, 2024 · UniCredit shares hit an eight-year high on Monday after the bank said it would return its entire 2023 profit pool of €8.6bn to investors.
UniCredit raises shareholder payouts by 40% after record profit
WEBJan 31, 2023 · UniCredit intends to return €5.25bn to shareholders this year after record profits in 2022 accelerated chief executive Andrea Orcel’s payout plans. The Milan-based bank said on Tuesday it would...
UniCredit’s Andrea Orcel swoops on Commerzbank - Financial …
WEBSep 11, 2024 · UniCredit spent up to €1.4bn to become the second-largest Commerzbank shareholder after the German government, acquiring a 4.5 per cent stake from the Finance Agency on Tuesday night and a ...
Investors cheer after UniCredit lifts payout goal by 40%
WEBMILAN, Jan 31 (Reuters) - UniCredit (CRDI.MI) on Tuesday galvanised investors by pledging to return 5.25 billion euros ($5.69 billion) from its 2022 earnings after posting a record quarterly...
UniCredit CEO Andrea Orcel’s Commerzbank Share Deal Opens …
WEBSep 11, 2024 · This summer, the German government appeared ready to finally reduce its stake in Commerzbank AG. It was a moment Andrea Orcel, chief executive officer of UniCredit SpA, had also been anticipating.
UniCredit Boosts Investor Returns as Profit Triples Estimates
WEBFeb 5, 2024 · UniCredit SpAsurged to the highest in more than eight years after the bank boosted shareholder returns on 2023 profit to €8.6 billion ($9.3 billion), once again raising the payout benchmark for...
UniCredit Investors Back CEO Orcel’s Pursuit of Commerzbank
WEB6 days ago · (Bloomberg) -- Some of UniCredit SpA’s main investors support a full takeover of German rival Commerzbank AG, saying such a move would add value for shareholders.
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