The European Central Bank has given UniCredit approval to buy up to 29.9% of Commerzbank, the Italian bank said on Friday, ...

UniCredit SpA cleared an important hurdle for a potential takeover of Commerzbank on Friday, but it also raised fresh doubts ...

Italian bank UniCredit has received approval from the European Central Bank to acquire up to 29.9 percent of Commerzbank, ...

Brazilian state-run oil company Petrobras and its Colombian counterpart Ecopetrol could have the licenses needed for moving ...

The raft of takeover attempts rocking Italy's financial sector will be put to a market test in the coming months, when ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UniCredit could accelerate its exit from Russia if there is a breakthrough on the Ukraine war, its chief ...

UniCredit SpA increased Chief Executive Officer Andrea Orcel’s pay by one third, further cementing his status as one of Europe’s best-paid bank chiefs after he led the Italian bank to a record ...

Commerzbank has announced that Bank of America would hold more than 10% of the institution through voting rights and ...

A wave of deals promises to redraw Italy’s banking landscape, pitching financial titans against politicians and offering advisers with a chance to burnish their credentials ...

UniCredit, the pan-European commercial banking group, has completed its acquisition of Aion Bank and Vodeno for €376m ...

UniCredit SpA is poised to obtain regulatory permission in the next few days to own as much as 29.9% of Commerzbank AG’s shares, as Chief Executive Officer Andrea Orcel pursues a potential ...

European markets are heading for a sharply higher open amid hopes that a ceasefire can be reached to pause the war in Ukraine.