unicredit

UniCredit vows to keep 2025 profit steady as revenues slow

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

Berlin was taken aback by UniCredit’s swoop to build a large stake in state-backed German bank Commerzbank, a move the Italian bank says could lead to a merger.

Germany denies report it is mulling law to protect banks from foreign takeovers

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...

UniCredit has said it remains committed towards reducing its presence in Russia, and in July reiterated its targets to scale down its business there.

UniCredit in court limbo over ECB’s Russia demands: sources

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

The details are the fullest account yet of contact between Germany and UniCredit before the Italian bank swooped to buy a large stake in Commerzbank.

UniCredit talked to top German officials before Commerzbank stake buy

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

UniCredit has amassed a 9 per cent stake in Commerzbank, and said it planned to buy more shares if it received regulatory clearance.

Commerzbank would lose clients in UniCredit merger, German lender’s CEO says

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...

Asked about a potential takeover of Commerzbank by UniCredit, Lagarde told lawmakers in the European Parliament that if such steps produce larger and more agile institutions, they can have “lots of benefits.”

Lagarde backs bank mergers as ECB prepares for UniCredit verdict

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

UniCredit earlier this month revealed it had bought a 9 per cent stake in Commerzbank, plans to buy more shares and has pressed for discussions to explore a tie-up.

Commerzbank to begin talks with UniCredit as it woos investors with profit goals

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

Earlier this month, UniCredit took a 9 per cent stake in Commerzbank, catching German authorities off guard. The Italian takeover interest has prompted a backlash.

Commerzbank warns UniCredit merger is threat to German businesses: FT

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...

UniCredit's chief executive officer Andrea Orcel has pledged to return 10 billion euros to shareholders this year, the most among Europe’s top banks

UniCredit starts 1.7 billion euro share buyback in top payout pledge

The buyback will start on Monday (Sep 16) and may be completed by November

Net profit in the second quarter rose 5 per cent versus the previous three months to 2.7 billion euros, topping the 2.4 billion expected by analysts.

UniCredit tops profit forecast, makes cloud investment

It is buying a Belgian digital bank that has its own cloud-based IT platform for 370 million euros