UniCredit has unveiled plans for a far-reaching shake-up of takeover target Commerzbank with the intention of transforming the German lender for a "new future-ready era." Chief executive of UniCredit Andrea Orcel said in a conference call Monday that a "true combination" of UniCredit and Commerzbank would send "a clear signal", creating a "country leader and benchmark." He added that the plan would build a "federal pan-European group and European benchmark for others to follow." UniCredit has

Tag-uri: UniCredit Bank