Andrea Orcel, the ambitious UniCredit chief eyeing his next deal
WEB1 day ago · The parties failed to clinch a deal and Orcel walked away. Since Vladimir Putin’s invasion of Ukraine in 2022, Orcel has also been at odds with the ECB on how to deal with UniCredit’s ongoing ...
UniCredit to shift retrained staff from central offices to network ...
WEB1 day ago · MILAN, Sept 27 (Reuters) - UniCredit (CRDI.MI) plans to invest significantly in the retraining of 600 staff who will then be largely moved to the Italian bank's branch network as CEO Andrea Orcel ...
Italian minister backs UniCredit-Commerz deal as step towards EU ...
WEB2 days ago · ROME, Sept 27 (Reuters) - A tie-up between Italy's UniCredit (CRDI.MI), opens new tab and Germany's Commerzbank (CBKG.DE), opens new tab would be in line with the need for a more integrated ...
UniCredit CEO Orcel attended virtual meeting with …
WEB1 day ago · MILAN, Sept 28 (Reuters) - UniCredit (CRDI.MI), opens new tab chief Andrea Orcel attended a virtual meeting the Italian bank held on Friday with Commerzbank (CBKG.DE), opens new tab after becoming ...
UniCredit launches a strategic process to fully internalize life ...
WEB4 days ago · Press & Media - Overview Press Releases News Social Media Podcasts Press Kit Events Calendar Contacts. ... UniCredit S.p.A. ("UniCredit") ... In Italy, the Life Bancassurance business generated circa €500m in distribution fees (12% of total Italy fees) in 2023, on top of the circa €85m of profits from the shareholdings in the two companies. ...
Italy Industry Minister Backs UniCredit-Commerzbank Deal
WEB3 days ago · The trilateral meeting was to discuss re-balancing trade with China among other issues. (Nathan Laine/Bloomberg) (Bloomberg) -- Italy’s Industry Minister Adolfo Urso backed a potential takeover of Commerzbank AG by Milan-based UniCredit SpA which has threatened to sour relations between Berlin and Rome. “It’s a good deal,” Urso told ...
UniCredit to Take Over CNP Assurances and Allianz's Italy Life ...
WEB4 days ago · By Elena Vardon. UniCredit is buying major stakes in the Italian life bancassurance businesses of France's CNP Assurances and Germany's Allianz, seeking to consolidate the sector in the country ...
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. Italy’s second-biggest bank reported quarterly earnings...
UniCredit Buys CNP, Allianz Italy Life Stakes as CEO Eyes Fees
WEB4 days ago · UniCredit SpA is bringing the Italian life insurance businesses it operated with CNP Assurances and Allianz back in-house, as Chief Executive Officer Andrea Orcel eyes higher fees and profitability.
Commerzbank Set to Have First Meeting With UniCredit Tomorrow
WEB3 days ago · Incoming Commerzbank AG Chief Executive Officer Bettina Orlopp said the lender’s leadership will have a meeting with UniCredit SpA on Friday as the Italian lender prepares a potential takeover.
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