UNCRY UNICREDIT SPA UNSPON ADR EACH REP 0.5 ORD SHS
- 22.900
- +0.140+0.62%
UNICREDIT SPA UNSPON ADR EACH REP 0.5 ORD SHS News
Fitch Upgrades UniCredit on Strong Profitability, Geographic Diversification
Earnings Preview: UNCRY to Report Financial Results on November 05
$UNICREDIT SPA UNSPON ADR EACH REP 0.5 ORD SHS(UNCRY.US)$ is scheduled to release its financial results on November 05 ET. Earnings PreviewAnalysts estimate $UNICREDIT SPA UNSPON ADR EACH REP 0.5
German Government to Hire Bank to Advise on Commerzbank Stake: Bloomberg
Market Chatter: UniCredit Working With Jefferies Financial to Safeguard Commerzbank Investment
Market Chatter: UniCredit Reportedly Signs Employment, Voluntary Redundancy Deal With Unions
Market Chatter: UniCredit Still Awaits Court Decision on Appeal Over ECB's Order to Reduce Business in Russia
EU Regulators Said to Signal Support for Potential UniCredit Takeover of Commerzbank
German Government Trying to Thwart Possible Commerzbank Takeover by UniCredit: Reuters
Goldman Sachs holds derivatives of Yuexin Bank equivalent to 6.7% of its shares.
October 8th, according to Reuters, regulatory filings submitted on Monday show that as of the end of September, Goldman Sachs holds derivatives of Banca Carige, equivalent to 6.7% of the bank's shares, with a majority being swaps, futures contracts, and stock options. The largest single shareholder of Banca Carige currently is the fund management company BlackRock, holding 7.02% of the shares.
Commerzbank Accelerates Strategic Planning as Potential UniCredit Bid Looms
Moody's Affirms UniCredit Ratings After Commerzbank Investment
Yuxin's CEO participated in a senior management meeting at a German commercial bank via video.
According to sources cited by Italian media on September 30th, the CEO of the country's second largest bank UniCredit, Andrea Orcel, attended a meeting with the senior management of Commerzbank, the second-largest German bank, via video. Bettina Orlopp, the CEO designate of Commerzbank, also participated in the meeting. UniCredit had earlier increased its shareholding in Commerzbank to 9%, becoming the second largest shareholder after the German government. UniCredit has also applied to the German regulatory institutions to hold up to 30% of Commerzbank and enter into derivative agreements.
UniCredit, Commerzebank Executives Hold Virtual Meeting, Reports Say
Orcel, the Dealmaker Determined to Redraw Europe's Banking Map
German banks and Yuxin will initiate discussions on the shareholding event.
Gelonghui on September 27th｜Bettina Orlopp, the incoming CEO of Commerzbank, stated that the German commercial banks will hold a meeting with Italy's largest bank, UniCredit, on Friday. UniCredit has recently increased its shareholding in Commerzbank to 9%, and has requested approval from German regulatory institutions to increase it to 30%, and has signed a derivative agreement, which will increase its stake to 21% after exercising. The market speculates that UniCredit intends to acquire Commerzbank. Orlopp mentioned during an event on Thursday that the two banks will discuss UniCredit's shareholding increase in Commerzbank at the meeting.
News Highlights: Top Financial Services News of the Day - Thursday at 11 AM ET
Commerzbank Board Hires UBS for Potential UniCredit Deal Advice
Commerzbank Boards Confirm Independent Strategy as UniCredit Seeks Possible Tie-up
UniCredit Flagged Commerzbank Interest to Germany Ahead of Move
Commerzbank's Orlopp to Start as CEO Next Week as Knof Departs Early
Analysis
Price Target
No Data
No Data