unicredit

It will pay out 80% of its profit in a mix of cash dividends and share buybacks as ordinary distribution

Profit in the October-December period totalled 1.97 billion euros, above a 1.63 billion euro company-gathered consensus forecast

GERMANY’S finance ministry on Sunday denied that the country was considering introducing a law to protect domestic banks from cross-border takeovers as Italy’s UniCredit CRDI.MI seeks a merger with Ge...

The bank is also contesting an ECB request to impose restrictions on payments with Russian clients in certain foreign currencies, with some exceptions

UniCredit has since pressed for a possible tie-up in what would be the most ambitious attempt yet at a pan-European bank merger

COMMERZBANK and UniCredit did not discuss a merger at a recent meeting, the German lender’s CEO, Bettina Orlopp, told a local newspaper, saying any tie-up with its Italian peer would result in the los...

She says they can produce many upsides, including a greater ability to compete with foreign rivals

UniCredit’s swoop is the most ambitious attempt yet at a pan-European bank merger

COMMERZBANK’S management has warned the German government that a potential multibillion euro merger with Italy’s second-largest bank UniCredit is a threat to businesses that make up the backbone of Eu...