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Unicredit

UniCredit irks Rome with $11 bn Banco BPM swoop after German backlash

Italy's Economy Minister Giancarlo Giorgetti told reporters the government would review the bid under rules designed to give Rome power to shield key assets

UniCredit irks Rome with $11 bn Banco BPM swoop after German backlash
Updated On : 25 Nov 2024 | 11:11 PM IST

Commerzbank would lose clients in UniCredit merger, says CEO Orlopp

Italy's second-biggest lender after Sanpaolo Intesa has been pressing for a tie-up while Commerzbank has been honing its defence

Commerzbank would lose clients in UniCredit merger, says CEO Orlopp
Updated On : 07 Oct 2024 | 9:49 AM IST

Commerzbank warns UniCredit merger threat to Germany's businesses

Earlier this month, UniCredit took a 9 per cent stake in Commerzbank, catching German authorities off guard.

Commerzbank warns UniCredit merger threat to Germany's businesses
Updated On : 23 Sep 2024 | 10:13 AM IST

UniCredit cheers investors with $18 billion in planned returns

UniCredit shares jumped as much as 9.8% in Milan, trading at 12.65 euros as of 12:08 p.m.

UniCredit cheers investors with $18 billion in planned returns
Updated On : 09 Dec 2021 | 7:34 PM IST

UniCredit, Italy talks over Banca Monte dei Paschi sale collapse

The hurdles meant the two sides couldn't take forward a July agreement that the deal would be capital neutral for UniCredit and help the bank generate higher profit

UniCredit, Italy talks over Banca Monte dei Paschi sale collapse
Updated On : 24 Oct 2021 | 11:13 PM IST

Orcel takes public row with Santander over CEO job offer to court

The case stems from Santander's decision two years ago to suddenly drop plans to make Orcel its CEO after a disagreement over his pay package

Orcel takes public row with Santander over CEO job offer to court
Updated On : 05 Mar 2021 | 9:43 PM IST

Bumper loss, but strong capital for Italy's UniCredit as CEO departs

In nearly five years at the helm, Mustier rebuilt UniCredit's capital reserves and cleaned up its balance sheet, but failed to find sustained profit drivers or lift the bank's depressed stock price

Bumper loss, but strong capital for Italy's UniCredit as CEO departs
Updated On : 11 Feb 2021 | 9:39 PM IST

UniCredit offers investors $2.2-bn buyback amid plans to shed 9% of staff

UniCredit's announcement triggered anger among unions in Italy

UniCredit offers investors $2.2-bn buyback amid plans to shed 9% of staff
Updated On : 03 Dec 2019 | 11:14 PM IST

Italy's largest bank to cut 14,000 jobs

Contrary to expectations, shares of Italian banks including UniCredit have risen since December 4, the day of the referendum on the constitutional overhaul

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Updated On : 15 Dec 2016 | 3:45 AM IST