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UNICREDIT CEO
UniCredit launches bid for Commerzbank shares, seeking to revive takeover talksItalian bank UniCredit is making a move on German lender Commerzbank. UniCredit is launching an unsolicited offer to boost its stake to ove...- European banks to launch euro stablecoin in bid to counter US dominanceNine European banks, including ING and UniCredit, are creating a company to launch a euro-backed stablecoin, challenging U.S. dominance in ...
- European banks form company to launch euro stablecoinA group of nine European banks, including ING and UniCredit, is creating a new company to launch a euro-backed stablecoin, highlighting tra...
- French fintech Qonto seeks banking license as it targets two million clients by 2030Digital payments continue to gain ground in Europe, although at a slower pace than previously. A European Central Bank study published in D...
- UniCredit gets ECB nod for Commerzbank stakeItalian bank UniCredit has received approval from the European Central Bank to acquire up to 29.9 percent of Commerzbank, signaling a poten...
- Commerzbank to cut 3,900 jobs, mainly in Germany, as it fends off UniCreditCommerzbank announces it will cut 3,900 jobs in Germany by 2028 while hiring abroad. The bank aims for financial targets with a revised 202...
- Commerzbank plans job cuts, new targets to keep UniCredit away, sources sayGermany's Commerzbank plans to cut several thousand jobs and set new financial targets to fend off a takeover by Italy's UniCredit. The CEO...
- Standard Chartered CFO Halford to retire, replaced by former BofA bankerStandard Chartered has announced that Andy Halford will retire as chief financial officer, with Diego De Giorgi, former Bank of America inv...
- European banks flag bad loan risks as global economy faltersThe latest flurry of bank earnings in Europe highlighted broader trends in global banking, where investment banks are under pressure due to...
- Ukraine war: UniCredit chief says bank may exit RussiaAmidst the Ukraine-Russia crisis, UniCredit's chief executive Andrea Orcel has stated that the association is thinking of pulling out its s...
- UniCredit considers quitting Russia, Credit Suisse outlines Russian wealth clientsA growing list of financial firms are looking to exit Russia, with Deutsche Bank, Goldman Sachs and JPMorgan Chase winding down business th...
- Europe's banks fear payment system could be casualty of Russia-Ukraine crisisWhat the region's banks now fear most is that Russia gets banned from a widely used payment system, bankers told Reuters, with one describi...
- European shares drop on hawkish Fed; LVMH shinesThe pan-European STOXX 600 fell 0.8 per cent, on course for its fourth straight weekly decline, with autos and chemical stocks leading loss...
- Fate of world's oldest bank, Italy's BMPS, unclear as talks failThe fate of the world's oldest bank, Italy's Banca Monte dei Paschi di Siena (BMPS), was hanging in the balance on Monday after the collaps...
- Former Commerzbank CEO launches fintech SPAC in AmsterdamThe European FinTech IPO Company 1 is planning to raise up to 415 million euros and seeking an investment target in financial services and ...
- Italian stocks lead Europe in recovery driven by banks, technologyThe pan-European STOXX 600 managed a 0.2 per cent gain by 0830 GMT.
- Apple's Tim Cook to Twitter's Dick Costolo, CEOs who took home a smaller pay for a reasonApple's Tim Cook took a 15 per cent pay cut from last year’s $8.7 mn after the company’s failure to meet its goals.
- Pramerica gets SEBI nod for MF biz; to launch products in JunePramerica Asset Managers today said it has received market regulator SEBI's approval for starting mutual fund operations in the domestic ma...
- Unicredit trading suspended after stock fallsTrading in shares of Unicredit, Italy's largest bank by assets, was suspended several times on the Milan Stock Exchange Wednesday after the...
- UniCredit to buy Capitalia for $30 bnUniCredit agreed to buy Capitalia in a e21.8 billion ($29.5 bn) purchase to cement the position of Italy’s biggest bank in Europe’s most pr...
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