Swiss banks to test possible uses for Swiss franc stablecoinSix Swiss banks are collaborating to explore stablecoin uses. They will launch a digital sandbox in 2026 to test a Swiss franc-pegged stabl...
08 Apr, 2026, 03.49 PM IST
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...
16 Mar, 2026, 02.19 PM IST
UniCredit partners with Google Cloud to accelerate digitisation across 13 marketsUniCredit has signed a 10-year MoU with Google Cloud to expedite its digital transformation across 13 European markets. This significant in...
12 May, 2025, 11.21 AM IST
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...
14 Mar, 2025, 01.41 PM IST
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...
13 Feb, 2025, 12.54 PM IST
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...
12 Feb, 2025, 11.58 AM IST
Russia seizes Deutsche Bank, UniCredit assetsA Russian court in Saint Petersburg rules to seize 239 million euros from Deutsche Bank and 463 million euros from UniCredit in Russia. Eur...
18 May, 2024, 05.02 PM IST
UniCredit, Citi consider swapping assets with Russian institutions - FTUniCredit has received several offers from Russian financial institutions to buy its local subsidiary since its chief executive, Andrea Orc...
15 May, 2022, 10.58 AM IST
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...
15 Mar, 2022, 09.57 PM IST
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...
25 Oct, 2021, 07.34 PM IST
Bank of Baroda to buy out JV partner's entire stake in mutual fund businessState-owned Bank of Baroda will fully acquire its mutual fund and trustee business and buy the entire 51 per cent stake held by the joint-v...
29 Dec, 2017, 10.57 AM IST
- Banks work on UniCredit capital hike: Source
Merrill Lynch and Italy's Mediobanca and are working on a 2.0-2.5 billion euro capital increase for UniCredit Italy's second-biggest bank b...
05 Oct, 2008, 07.33 PM IST
- Unicredit trading suspended after stock falls
Trading in shares of Unicredit, Italy's largest bank by assets, was suspended several times on the Milan Stock Exchange Wednesday after the...
01 Oct, 2008, 05.42 PM IST
- Parmalat accepts 270 mn euros from Unicredit: Bank
Italian food group Parmalat has accepted a 271.7-million-euro payment from Unicredit in exchange for withdrawing the company's legal action...
02 Aug, 2008, 03.20 AM IST
- Unicredit says to cut 9,000 jobs in western Europe
Unicredit, Italy's biggest bank by capitalisation, said on Thursday it planned to cut 9,000 jobs in western Europe and invest in central an...
26 Jun, 2008, 01.46 PM IST
- Unicredit Q2 net up 6.8 pc
Italian bank UniCredit made a record quarter as Q2 net profit rose 6.8% to e1.827 billion, beating analysts’ forecasts, thanks to lower cos...
04 Aug, 2007, 12.05 AM IST
- UniCredit to buy Capitalia for $30 bn
UniCredit 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...
21 May, 2007, 01.07 AM IST