1. UniCredit CEO Orcel Confirms 18-Month Pursuit of Commerzbank, Met with Consistent Rejection
UniCredit CEO Andrea Orcel has publicly confirmed his bank's protracted and so-far unsuccessful campaign to acquire German rival Commerzbank. In a Bloomberg Television interview, Orcel detailed an 18-month pursuit that has been consistently rebuffed by Commerzbank's leadership. This admission lays bare a significant st...