Barclays, Bank of America Helped Orcel Buy Commerzbank Stake
WEB6 hours ago · CBK.DE. BCS. (Bloomberg) -- UniCredit SpA Chief Executive Officer Andrea Orcel used Barclays Plc and Bank of America Corp. to help him quietly build up a stake in Commerzbank AG, a move that has ...
Banking’s Ultimate Dealmaker Orcel Hits German Resistance
WEB1 day ago · 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 sell any more shares in the lender ...
Barclays Helped UniCredit Quietly Build Commerzbank Stake
WEB6 hours ago · UniCredit SpA Chief Executive Officer Andrea Orcel used Barclays Plc to help quietly build up a stake in Commerzbank AG, a move that has shaken European finance and triggered a backlash from the ...
Andrea Orcel, Commerzbank and the redemption trade
WEB17 hours ago · UniCredit’s own position has been strengthened considerably thanks to a 65 per cent increase in its share price over the past year, on the back of stronger profits. Orcel may apply pressure for ...
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.
Dealexperte Orcel stößt mit Coba-Vorstoß auf Berliner Widerstand
WEB21 hours ago · September 23, 2024 at 1:09 AM EDT. Andrea Orcels kühner Schachzug mit Blick auf die Commerzbank kam für viele in Deutschland überraschend. Am Freitag dann schlug Berlin zurück. Die ...
Analysis-UniCredit's Orcel takes aim at Europe's banking borders …
WEB4 days ago · FRANKFURT (Reuters) – For decades, Andrea Orcel was the ‘rainmaker’ who CEOs turned to for advice on the big deals that reshaped the banking landscape. Now, as UniCredit chief executive, the ...
The Suave Italian Banker Who Wants to Be the Jamie Dimon of …
WEBSep 15, 2024 · Andrea Orcel has teed up UniCredit for a potential takeover of rival Commerzbank. He wants to build something Europe lacks—a banking champion.
Andrea Orcel Is Back Shaking Up German Banking, This Time as CEO
WEBSep 11, 2024 · Now 61 and running UniCredit as chief executive officer, Orcel has returned to German bank consolidation with a move on Commerzbank AG, building a 9% stake in the country’s second-biggest listed lender.
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...