The Latest Breaking News from UniCredit

With its plans for Germany's Commerzbank seemingly stalled, UniCredit, Italy's second-largest lender, launched Monday a bid to buy its rival BPM for 10.1 billion euros ($10.6 billion).

The chief executive of Italy's UniCredit bank said Wednesday there would be no decision on a possible takeover of German rival Commerzbank for at least a year.

Commerzbank shares soared Wednesday after Italian bank UniCredit acquired a nine-percent stake in Germany's second-biggest lender, half of it from the German state, fueling speculation about a potential takeover.

Ferrari has confirmed Italian banking firm UniCredit as a partner from the 2025 Formula 1 season onwards.

UniCredit's 3.1 billion euro share buyback program approved by ECB to enhance shareholder value and financial position.

UniCredit and Nexi have agreed on a new payments partnership to innovate and enhance customer experience in the industry.

UniCredit faces hearings over Russia sanctions and guarantee claims, highlighting compliance challenges in high-risk regions.

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