New German Finance Chief Slams UniCredit’s Commerzbank …
1 day ago · Germany’s new finance minister used his first public speech since taking office to voice sharp criticism of the tactics UniCredit SpA used in building a major stake in Commerzbank AG.
UniCredit CEO pushes merger credentials as it outperforms …
Nov 6, 2024 · CBK.DE. MILAN (Reuters) - UniCredit CEO Andrea Orcel said on Wednesday banks need to be more efficient and profitable and expressed confidence that "people will look at the facts" when weighing up ...
UniCredit raises guidance as profits slip at Commerzbank
Nov 6, 2024 · UniCredit investors have enjoyed a 230 per cent share price increase since Orcel’s arrival. The bank has committed to returning €8.6bn, its entire 2023 profit pool, to investors in the form of ...
UniCredit Gets Rating Upgrade While It Mulls Commerzbank Bid
Oct 31, 2024 · (Bloomberg) -- UniCredit SpA’s credit rating was lifted on Thursday, providing tailwind as it considers a takeover of rival Commerzbank AG. Fitch Ratings raised the lender’s credit worthiness ...
UniCredit to return €8.6bn to shareholders - Financial Times
Feb 5, 2024 · UniCredit shares hit an eight-year high on Monday after the bank said it would return its entire 2023 profit pool of €8.6bn to investors.
UniCredit Boosts Investor Returns as Profit Triples Estimates
Feb 5, 2024 · UniCredit SpA surged to the highest in more than eight years after the bank boosted shareholder returns on 2023 profit to €8.6 billion ($9.3 billion), once again raising the payout benchmark for...
UniCredit beats profit forecast, prepares for waning rate boost
MILAN, Oct 24 (Reuters) - Italy's UniCredit (CRDI.MI) on Tuesday beat third-quarter profit forecasts, but kept its full-year income goal unchanged and outlined plans to counter an eventual...
UniCredit Tops Estimates With Lift From Fees, Lending Income
May 7, 2024 · UniCredit Climbs After Higher Fees Lift Profit Past Estimates. CEO Orcel counts on higher fees to offset fading rate boost; Bank to pay out or deploy excess cash by 2027 at the latest
UniCredit raises shareholder payouts by 40% after record profit
Jan 31, 2023 · UniCredit intends to return €5.25bn to shareholders this year after record profits in 2022 accelerated chief executive Andrea Orcel’s payout plans. The Milan-based bank said on Tuesday it would...
UniCredit Raises 2024 Revenue Outlook After Second-Quarter Beat
Jul 24, 2024 · UniCredit raised its revenue guidance for the year after second-quarter earnings rose, beating analysts' expectations. The Italian bank said Wednesday that net profit rose to 2.68 billion euros...