UniCredit CEO says pan-European ambitions take precedence over Italian consolidation

Source: Reuters (via feed)




UniCredit CEO Andrea Orcel said on Wednesday that a potential combination with Commerzbank is currently the bank’s priority. He added that further consolidation in Italy could still provide opportunities in the future.

BizTrendWire Insight:

Andrea Orcel named a potential tie-up with Commerzbank as the immediate focus for UniCredit. He also noted possible future consolidation options within Italy.


Read full story on Reuters

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