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GgoogleIT first seen 2 d ago, last 2 d ago, peak #2

UniCredit board convenes over Banco BPM and Commerzbank deals

Original: andrea orcel

UniCredit has called an extraordinary board meeting to review its ongoing operations, with CEO Andrea Orcel presenting the dossiers on Banco BPM and Germany's Commerzbank. The bank's planned takeover of Banco BPM and its mounting stake in Commerzbank have drawn close attention in Italy and across European banking, given their implications for consolidation and political sensitivities in both countries.

Why now: UniCredit's extraordinary board meeting on the Banco BPM and Commerzbank operations is a live, consequential development in European banking consolidation.

Andrea OrcelUniCreditBanco BPMCommerzbank

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