Banking’s Ultimate Dealmaker Orcel Runs Into German Resistance
WEB1 day ago · September 22, 2024 at 3:00 AM EDT. Save. Andrea Orcel’s audacious move on Commerzbank AGcaught many in Germany unawares. On Friday, Berlin hit back. The government’s announcement it won’t ...
Banking’s Ultimate Dealmaker Orcel Runs Into German Resistance
WEBSonia Sirletti. Andrea Orcel ’s audacious move on Commerzbank AG caught many in Germany unawares. On Friday, Berlin hit back. The government’s announcement it won’t sell any more shares in the lender effectively shuts down — for now — any ambitions UniCredit SpA may harbor for a full takeover of Germany’s second-largest listed lender.
UniCredit’s Andrea Orcel swoops on Commerzbank - Financial …
WEBSep 11, 2024 · Berlin’s announcement last week that it was planning to sell down its remaining 16.5 per cent stake in Commerzbank appears to have paved the way for UniCredit’s chief executive Andrea Orcel to...
The Suave Italian Banker Who Wants to Be the Jamie Dimon of …
WEBSep 15, 2024 · Bloomberg News. Andrea Orcel made his name helping banks choose the moment to pounce on a rival. Last week, the CEO of Italy’s deal-hungry UniCredit UCG -0.78% made his own move on Germany’s ...
UniCredit CEO Andrea Orcel’s Commerzbank Share Deal Opens …
WEBSep 11, 2024 · It was a moment Andrea Orcel, chief executive officer of UniCredit SpA, had also been anticipating. On Wednesday, UniCredit revealed that it now owned 9% of Commerzbank, adding all the shares ...
Spanish court upholds Andrea Orcel’s Santander claim but cuts …
WEBFeb 6, 2023 · A Madrid court has upheld Andrea Orcel’s multimillion-euro lawsuit against Santander but cut the amount the bank has to pay by €8mn, in the latest twist in the long-running battle between...
Unicredit, Commerzbank merger would add value for all …
WEBSep 16, 2024 · BERLIN (Reuters) - A merger of Italy's Unicredit and Germany's Commerzbank would add value for all stakeholders and create a much stronger competitor in the German banking market, Unicredit CEO Andrea Orcel told Handelsblatt in an interview published on Monday.
Andrea Orcel Is Giving Every Bank CEO A Nudge With …
WEBSep 12, 2024 · Hi, it’s Jan-Henrik Förster in Zurich, looking at the message Andrea Orcel is sending to his fellow bank CEOs in Europe. Also today, Nippon Steel is mounting a last-ditch push for US Steel and ...
Andrea Orcel and Ana Botín face off in Madrid courtroom over …
WEBMay 19, 2021 · UniCredit chief is claiming tens of millions of euros in compensation for Santander’s aborted job offer. Andrea Orcel, Europe’s best-known investment banker, at the court hearing in Madrid on...
UniCredit's Orcel takes aim at Europe's banking borders with ...
WEB4 days ago · Mr. Andrea Orcel is Chief Executive Officer at UBS AG (London Branch) and UBS Ltd., and President-Investment Bank at UBS Group AG. He is on the Board of Directors at UBS Ltd. and UBS Americas Holding LLC. He became a member of UBS Group Executive Board in July 2012 and was co-CEO of the Investment Bank from July to November 2012.