Germany called on UniCredit SpA Chief Executive Officer Andrea Orcel to abandon his pursuit of Commerzbank AG, after the Italian bank doubled its equity stake by converting derivatives into shares.

The German government on Thursday called on UniCredit chief Andrea Orcel to drop the Italian lender's bid to take over German ...

Conpend, an AI fintech scale-up, has secured a majority investment from CIP. The financial details of the deal, however, were ...

Malaysia's central bank has finally joined its rate-cutting peers, lowering its benchmark interest rate for the first time in five years to support the economy. The Italian lender now owns around 20% ...

Shares of banks and other financial institutions rose as traders bet the sector would benefit from a resurgence of deal activity. Italian lender UniCredit said it converted part of its position in ...

European shares hit a four-week high as optimism grows over potential US-EU trade talks. Banks led gains, notably UniCredit ...

UniCredit met renewed German opposition on Wednesday to its takeover ambitions for Commerzbank after it doubled its voting ...

Italian lender UniCredit has increased its equity stake in Commerzbank to 20% by converting derivatives into stock. The move ...

German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its ...

Kirk Tanner will take the top slot at the chocolate maker in August. Wendy's appointed its CFO as interim chief executive. TopBuild to Buy Progressive Roofing From Bow River Capital for $810 Million ...

Orcel's other M&A moves include a doubling of UniCredit's stake in Greece's Alpha Bank in May. He also built a stake in ...

The Italian lender now owns around 20% of Commerzbank’s shares and is the largest shareholder of the bank it hopes to ...