{
Royal Bank of Scotland

Companies

}
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uniCredit seeks merger with Commerzbank to reshape European banking landscape

UniCredit's CEO Andrea Orcel is pursuing a cross-border merger with Commerzbank, aiming to create a major European banking entity. Despite securing a 21% stake, he faces significant political resistance from German leaders and employees, which could hinder the merger's progress. If successful, this move could reshape the European banking landscape and inspire further consolidation efforts.
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United States Dollar Euro Commerzbank AG ABN AMRO Bank N.V. Royal Bank of Scotland UniCredit S.p.A. DEU ITA Olaf Scholz Andrea Orcel Show more
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02:03 28.09.2024
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