Unicredit Awards 2,500 Euros to Italian Employees for Record Profits
Here is the content from the provided URLs: annex 2 to 2024 Group Remuneration Policy and Report – UniCredit Group – URL:
unicredit
Bank Announces Massive Layoff of 3,900 Employees
Commerzbank announces it will cut 3,900 jobs in Germany by 2028 while hiring abroad. the bank aims for financial targets with a revised 2027 net profit goal of 3.8 billion euros. Commerzbank’s move aims to counter UniCredit’s advances for a merger. A company logo is pictured at the … Commerzbank’s Strategic Overhaul: Job Cuts and … Read more
Romanians Welcome New Card Type: What You Need to Know
UniCredit Launches Second Credit Card in Collaboration with Auchan romania adn Oney Finance Table of Contents UniCredit Launches Second Credit Card in Collaboration with Auchan romania adn Oney Finance A Card Tailored for Everyday Use Enhanced benefits for Cardholders A Card That Works Where You Shop Summary of Key Benefits UniCredit Launches Second Credit Card … Read more
Commerzbank Eyes Thousands of Job Cuts to Avert Potential Takeover
Commerzbank Considers massive Job Cuts to Thwart unicredit Takeover In a bold move to fend off a potential takeover by Italian banking giant UniCredit, Commerzbank is reportedly considering cutting thousands of jobs. according to the Financial Times, the plans are set to be presented to the works council in the coming weeks, with the number … Read more
Unicredit-Agricole Deal: Bpm Stake Hike, Status Quo Maintained
UniCredit remains unfazed by Crédit Agricole’s recent increase in its stake in Banca popolare di Milano (BPM), asserting that the move doesn’t alter their position. In a statement posted on LinkedIn, a UniCredit spokesperson emphasized the strategic advantage of their early actions. “Yesterday’s news on the increase in Crédit Agricole’s stake in Bpm changes nothing … Read more
Trump supports (?) Greece, a wave of Made in USA is coming, Costetsos… trade unionist, the hidden value of Barba Stathis, the plans of the Douka schools, the “annoying” Autias, the “inexperienced” EOPYY – Economic Postman –
Golden age A coin has two sides. And so the outcome of the US electionwhich indicated a period of legislative omnipotence is now coming for the next president, Donald Trump, and the Republicans. For many, a “golden age” is coming, as Trump himself said. Not for everyone though… Beyond the American dream… All this climate … Read more
Merger: Commerzbank warns of risks if taken over by Unicredit
Commerzbank boss Bettina Orlopp sees major risks in a takeover by the major Italian bank Unicredit. The integration of two large banks is extremely difficult, Orlopp told the Handelsblatt. After taking over Dresdner Bank in 2008, Commerzbank spent several years merging the systems of both banks. “We cannot afford such a standstill in today’s world, … Read more
How solid are the banks really?
Page 1 of 2 It’s not just for bondholders that it’s worth taking a look behind the facade of the brilliant financial statements and key figures of European banks. Many are still not profitable enough. The shadow banking sector and especially private debt also pose risks. The liquidity of internationally active banking groups is often … Read more
UniCredit and Commerzbank banks seek to merge
Milan., The head of the Italian bank UniCredit, Andrea Orcel, participated on Friday in a virtual meeting with representatives of the German Commerzbank, after becoming the largest private investor in the German lender, a source familiar with the matter told Reuters. UniCredit revealed earlier this month that it bought a 9 percent stake in Commerzbank, … Read more
Chinese Central Bank Cuts 5-Year Prime Lending Rate, Euro Stocks Affected – Analysis and Trends
Finance by Stefania Blasioli and Paolo Paronetto Tokyo closes negative. China’s central bank cut the 5-year prime lending rate (LPR) by 25 basis points 3′ reading (Il Sole 24 Ore Radiocor) – The handbrake is on European stock exchanges at the start, the day after a session already characterized by caution which saw the absence … Read more