Commerzbank rejects UniCredit’s fresh takeover offer, calls it hostile
UniCredit has been pitching for Commerzbank to undertake cost cuts in its international network and rampant bureaucracy in its domestic business...
Tag : Andrea Orcel
UniCredit CEO Andrea Orcel backs Digital Euro, calls it ‘Matter of Sovereignty’
A member of the ECB Executive Board demonstrated to the Italian banking association in April that commercial banks would be in charge of providing digital euro services to their clientele...
UBS may shift its base outside the UK
Banks worry about losing passporting rights IFM Correspondent July 14, 2016: With uncertainty looming large post-Brexit, some banks may shift their headquarters and offices outside London. Andrea Orcel, president of UBS Investment bank, has warned that it is considering moving its staff to a European country, following the UK’s vote to leave the EU. UBS,...