UniCredit, european central bank and Christine Lagarde
ECB Chief Backs Bank Mergers Amid UniCredit, Commerzbank Talk
ECB chief Christine Lagarde said Monday that cross-border banking mergers in Europe were "desirable" to boost their competitiveness, despite mounting German opposition to a potential tie-up between Commerzbank and Italy's UniCredit.
Lagarde Backs Bank Mergers as ECB Prepares for UniCredit Verdict
European Central Bank President Christine Lagarde reinforced her support for international banking tie-ups in the euro zone, saying they can produce many upsides including a greater ability to compete with foreign rivals.
ECB's Lagarde praises bank mergers as UniCredit courts Commerzbank
FRANKFURT (Reuters) -Mergers between European banks are "desirable" if they help them compete with their U.S. and Chinese rivals, European Central Bank President Christine Lagarde said on Monday, as Italy's UniCredit pressed for a tie-up with Germany's Commerzbank.
Italy Guards UniCredit Amidst Cross-Border Merger Talks
Italy is concerned that UniCredit may move its headquarters to Germany if it merges with Commerzbank. The Italian government is prepared to leverage its 'golden power' to block or set conditions on the merger.
Cross-Border Bank Mergers Can Have Benefits, Lagarde Says
European Central Bank President Christine Lagarde said international banking mergers in the euro zone can have "lots of benefits," including a greater ability to compete with foreign rivals. She added she was not commenting on any specific transaction.
UniCredit to shift retrained staff from central offices to network, sources say
UniCredit plans to invest significantly in the retraining of 600 staff who will then be largely moved to the Italian bank's ...
Is UniCredit S.p.A. (UNCFF) the Italian Stock to Buy as It Shows Record Financial Results?
We recently published a list of 10 Best Italian Stocks To Buy Now. In this article, we are going to take a look at where ...
Arguments Against Commerzbank, UniCredit Tie-up 'Unconvincing': Economist
UniCredit's interest in Commerzbank has raised hackles in Germany but a leading economist who chairs a panel advising Chancellor Olaf Scholz's government said Monday the arguments against a potential ...
UniCredit and Commerzbank in five charts
UniCredit chief executive officer Andrea Orcel and Commerzbank's designated chief Bettina Orlopp have held a first round of ...
UniCredit CEO Orcel Attended Virtual Meeting With Commerzbank, Source Says
Commerzbank's designated CEO Bettina Orlopp was also present on Friday's conference call, which a UniCredit source had ...
Citi Analysts See UniCredit-Commerzbank Deal as Likely Outcome
A merger between UniCredit SpA and Commerzbank AG is likely, despite opposition from the German government, according to ...
Italy could intervene over UniCredit HQ in Commerzbank deal
Italy fears that UniCredit may shift its central offices to Germany as part of any deal with Commerzbank, government ...
Factbox-What Might a Combination of UniCredit and Commerzbank Look Like?
At 61 billion euros ($68 billion), UniCredit's market value is roughly three times Commerzbank's 19 billion euros. Shares in ...
Analysts Offer Insights on Financial Companies: Eclipx Group Ltd. (OtherECXXF) and UniCredit SpA (OtherUNCFF)
There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Eclipx Group Ltd. (ECXXF – Research Report) ...