Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit

A “mild recession” is on the cards, according to Commerzbank CEO Manfred Knof. Picture Alliance |…

UniCredit’s Orcel could still sweeten his bid and take on a double M&A offensive

Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023.  Bloomberg…

Italy looks like fertile ground for a mega merger deal in banking

Banking analysts assess the possibility of a banking merger in Italy. Bloomberg | Bloomberg | Getty…