UniCredit Should Move Soon on Commerzbank, JPMorgan …
WEB3 days 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. ... news and insight around the world.
UniCredit Investors Back CEO Orcel’s Pursuit of Commerzbank
WEBSep 13, 2024 · Commerzbank currently has a market value of about €18 billion, up from around €15 billion before UniCredit unveiled its stake. While any value creation will depend on the terms of a deal and the requests by regulators, one of the investors estimates at least €2 billion in savings from a merger, and an internal rate of return — a key ...
UniCredit CEO approaches Commerzbank about merger after …
WEBFRANKFURT/MILAN, Sept 11 (Reuters) - UniCredit's (CRDI.MI) CEO approached Commerzbank about exploring merger talks on Wednesday, a source with knowledge of the matter said, after Italy's...
UniCredit Raises 2024 Revenue Outlook After Second-Quarter Beat
WEBJul 23, 2024 · UniCredit raised its revenue guidance for the year after second-quarter earnings rose, beating analysts' expectations. The Italian bank said Wednesday that net profit rose to 2.68 billion euros...
UniCredit, Commerzbank merger could add shareholder value, …
WEB6 days ago · BERLIN (Reuters) -A merger of UniCredit and Commerzbank could add value for all stakeholders and create a stronger bank, UniCredit CEO Andrea Orcel told a German newspaper on Monday, adding a...
UniCredit's Andrea Orcel plays a bold hand, with Commerzbank in …
WEBSep 12, 2024 · UniCredit 's CEO Andrea Orcel revealed his hand this week as the Italian lender built a 9% stake in Commerzbank — and a takeover bid for the German rival could still be in the cards. UniCredit ...
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 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.
Commerzbank CEO Says He Will Study UniCredit’s Strategy Ideas
WEB6 days ago · But UniCredit’s approach has underscored that the country’s second-largest listed bank remains a takeover target, a decade and a half after the government had to bail it out in the financial crisis. Management led by Knof is now reviewing options how to respond, including a possible defense strategy, Bloomberg has reported.
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...