Commerzbank CEO says UniCredit merger will ‘create value’ despite job fears
Bettina Orlopp made the statement as the Commerzbank reported a 45% increase in Q3 profit, completing the business' best nine months in history...
Category : Banking
Ahead of Commerzbank takeover, UniCredit assures markets of financing German companies
UniCredit CEO Andrea Orcel said that the lender would build on the existing corporate banking relationships of HypoVereinsbank (HVB) and Commerzbank...
UniCredit Chairman Pier Carlo Padoan to step down in 2027 amid Commerzbank takeover
76-year-old Padoan, along with the rest of UniCredit’s board, including Chief Executive Andrea Orcel, are due to complete their mandates in 2027...
US banks block third-party AI agents over transaction risks
Morgan Stanley has blocked third-party agents from accessing its platforms, although it had not seen any instances of unauthorised or rogue AI agents...
UniCredit wins ECB approval to take control of Commerzbank, targets year-end takeover
The ECB authorisation is a major regulatory win for UniCredit, that tirelessly pursued the Commerzbank's acquisition since September 2024...
Visa gets Beijing’s green light after 40-year wait to crack China
While Visa gets preliminary approval to enter a USD 143.9 trillion market dominated by UnionPay and mobile wallets, a final licence still remains elusive...
UniCredit-Commerzbank merger: EU antitrust decision due by November 16
UniCredit's two-year pursuit of acquiring Commerzbank succeeded in July, as the German lender entered into M&A talks with its Italian counterpart...
Goldman CEO David Solomon, top executives set for over USD 500 million in ‘Special Equity Awards’
While Solomon is set to receive over USD 100 million, President John Waldron and three business heads also stand to gain big...
John Waldron edges closer to Goldman CEO’s chair as David Solomon eyes exit by 2028
John Waldron’s Goldman career began in 2000, when he joined the investment bank after working alongside Solomon at Bear Stearns...
UniCredit-Commerzbank merger: Andrea Orcel eyes control, board overhaul ‘within months’
UniCredit plans to call an extraordinary general meeting once it receives the remaining regulatory approvals needed to take control of Commerzbank...