Andrea Orcel

UniCredit’s Andrea Orcel plays a bold hand, with Commerzbank in his sights

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UniCredit’s Andrea Orcel plays a bold hand, with Commerzbank in his sights

UniCredit CEO Andrea Orcel during an interview at the World Economic Forum (WEF) in Davos, Switzerland, on Jan. 18, 2024. Bloomberg | Bloomberg | Getty Images 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 … Read more

Why Italy could see big M&A deals in banking

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Why Italy could see big M&A deals in banking

Banking analysts assess the possibility of a banking merger in Italy. Bloomberg | Bloomberg | Getty Images MILAN, Italy — European policymakers have longed for bigger banks across the continent. And Italy might be about to give them their wish with a bumper round of M&A, according to analysts. Years after a sovereign debt crisis … Read more