UniCredit, Commerzbank pan each other after Germany shows door to Italian venture
Germany cited low price and concerns about the UniCredit's “aggressive approach,” behind its rejection of the Italian bank's takeover proposal for Commerzbank...
Tag : UniCredit
UniCredit increases Commerzbank stake to 34%, launches new takeover bid
Commerzbank, in May 2026, formally rejected a takeover offer by its Italian counterpart, digging in its heels in its months-long resistance...
UniCredit vs Commerzbank: German lender rejects fresh takeover bid
Commerzbank executives, along with Germany's government and bank employees, have long criticised UniCredit's tie-up attempt as hostile...
Intesa Sanpaolo registers profit hike, won’t pursue Generali takeover
In the January-March 2026 period, Intesa's revenue rose 5% to 7.15 billion euros (USD 8.4 billion), above an LSEG estimate of 6.91 billion euros...
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...
Business Leader of the Week: Francesco Caltagirone’s influence grows in Italian banks
Francesco Caltagirone is among the wealthiest individuals in Italy, with an estimated net worth of USD 6.33 billion as of 2025...
Is UniCredit building a European banking empire?
The acquisition of Commerzbank shares by UniCredit did not go unnoticed within German political circles...
Banco BPM CEO Giuseppe Castagna boss warns of job losses in UniCredit deal
UniCredit's bid for Banco BPM has managed to catch the attention of the Italian banking sector's main union, as it raised concerns about the potential impact of the deal on jobs...
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...
UniCredit to realise German ambition with Commerzbank bid
The bid comes in an effort to manifest the Italian global banking firm's long-term expansion plans in Germany...