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UniCredit SpA, the Italian lender that hopes to acquire Commerzbank AG, increased its equity stake in the German firm and became its largest shareholder after converting derivatives into stock.
Italy's second biggest bank UniCredit owns an equity stake of around 20%, with corresponding voting rights, in Commerzbank ...
UniCredit's recent push for a tie-up with Commerzbank has prompted calls by a top official of the German bank for the Italian lender's CEO, Andrea Orcel, to abandon the pursuit.
Commerzbank AG plans to sell a significant risk transfer tied to a portfolio of corporate loans, according to people familiar ...
The CEO of UniCredit renewed his push to merge the Italian bank with its German rival Commerzbank , attempting to make his ...
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