Unicredit

Unicredit shareholders overwhelmingly approved a capital increase on Monday. This clears the path for a takeover bid for Commerzbank. CEO Andrea Orcel is pressing ahead despite disclosed risks.

April 23, 2026 Reported by AI

Italian bank Unicredit has slightly increased its stake in Commerzbank and boosted its derivatives holdings. CEO Andrea Orcel is preparing a share exchange offer to start after a general meeting on May 4. The bank has also raised its stake in insurer Generali.