UniCredit CEO Orcel Signals Caution on European Bank M&A

Reported about 10 hours ago

Andrea Orcel, CEO of UniCredit, expressed a need to wait until 2027 to consider a potential takeover of Commerzbank, citing increased stock values due to Germany's fiscal policies. He highlighted the challenges in European bank M&A processes, indicating a growing skepticism about imminent deal-making as UniCredit navigates regulatory approvals and market conditions.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis