(Bloomberg) -- 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 ...

However, for a deal to progress, Commerzbank would need to engage in talks and find a middle ground with UniCredit. UniCredit has a history of board restructuring following acquis ...

The former chief executive of Commerzbank , Manfred Knof, wants the German lender to remain independent as Italy's UniCredit ...

UniCredit Chief Executive Andrea Orcel said a significant number of jobs would be eliminated if it took over German peer Commerzbank but the figure would be lower than what has been speculated. "I ...

LONDON, Aug 29 (Reuters Breakingviews) - Sometimes a simpler deal is best. UniCredit (CRDI.MI), opens new tab boss Andrea Orcel made moves to merge with rivals in his key markets of Italy and Germany, ...

UniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal. Stream San Diego News for ...

And Commerzbank still lags UniCredit, including on profitability and costs as a portion of income. Under Orcel, costs at UniCredit's German unit, HVB, have fallen to 37% of income, from 61% at the end ...

UniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal. UniCredit has built a ...