{"id":1650727,"date":"2022-09-21T08:50:31","date_gmt":"2022-09-21T12:50:31","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1650727"},"modified":"2022-09-21T08:50:40","modified_gmt":"2022-09-21T12:50:40","slug":"unicredit-focused-on-internal-delivery-open-to-ma-in-all-its-markets","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/unicredit-focused-on-internal-delivery-open-to-ma-in-all-its-markets\/","title":{"rendered":"UniCredit focused on \u201cinternal delivery\u201d, open to M&#038;A in all its markets"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Funicredit-focused-on-internal-delivery-open-to-ma-in-all-its-markets%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1650727&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>ROME (Reuters) \u2013     UniCredit is focused on delivering targets set under its business plan, though it remains ready to seize M&#038;A opportunities in all the markets where it operates, CEO Andrea Orcel said on Wednesday.<\/p>\n<p>Speaking at an event in Rome, Orcel sought to clarify comments that appeared on Tuesday in German newspaper Handelsblatt about growing UniCredit\u2019s market share in Germany, including possibly through mergers and acquisitions.<\/p>\n<p>Orcel said he had not deviated from his standard message that M&#038;A can provide a way to accelerate growth in all the markets where UniCredit is present if opportunities arise \u201cat the right conditions.\u201d<\/p>\n<p>Orcel has previously said he would consider deals that strengthened UniCredit\u2019s franchise, increased returns for investors without endangering the bank\u2019s remuneration goals.<\/p>\n<p>\u201cWe\u2019re a lot more focused on internal delivery,\u201d he said.<\/p>\n<p>\u201cWhen I took this job, UniCredit\u2019s stance was \u2018no M&#038;A\u2019 while I said that at the right conditions M&#038;A can be an accelerator. This, together with the fact that I\u2019ve done my fair share of M&#038;A deals in the past, made everyone think we would do deals, that a financial tsunami was on the cards.\u201d    <\/p>\n<p>Orcel, one of Europe\u2019s most experienced investment bankers, joined UniCredit in April last year after two decades at Merrill Lynch Bank of America which he left in 2012 to head the investment banking arm of UBS.<\/p>\n<p> (Reporting by Giuseppe Fonte; writing by Valentina Za; editing by Keith Weir)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ROME (Reuters) \u2013 UniCredit is focused on delivering targets set under its business plan, though it remains ready to seize M&#038;A opportunities in all the markets where it operates, CEO<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1650727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1650727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1650727"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1650727\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1650727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1650727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1650727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}