• Could Italy’s UniCredit reignite European banking?

  • Oct 9 2024
  • Length: 19 mins
  • Podcast

Could Italy’s UniCredit reignite European banking?

  • Summary

  • After the financial crisis, dealmaking among banks in different countries in Europe fell to a standstill. But recently, Italian lender UniCredit revealed that it had built up a stake in Germany’s Commerzbank, prompting discussions of a possible tie-up. EU policymakers and politicians believe cross-border deals like this could unlock European banking and make it more competitive globally. So why is there resistance? The FT’s European banking correspondent Owen Walker explains.


    Clips from Bloomberg, BBC


    - - - - - - - - - - - - - - - - - - - - - - - - - -

    For further reading:

    Andrea Orcel plots UniCredit’s boldest move yet on Commerzbank

    Andrea Orcel, Commerzbank and the redemption trade

    Europe’s most notorious banking dealmaker returns

    - - - - - - - - - - - - - - - - - - - - - - - - - -


    On X, follow Owen Walker (@OwenWalker0) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.


    Read a transcript of this episode on FT.com


    Hosted on Acast. See acast.com/privacy for more information.

    Show More Show Less

What listeners say about Could Italy’s UniCredit reignite European banking?

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.