Can Andrea Orcel, Europe’s star banker, create a super-bank?
An interview with the boss of UniCredit
The career of Andrea Orcel vividly encapsulates the recent history of European banking. At Merrill Lynch, now part of Bank of America, Mr Orcel advised on deals that formed part of the wave of mergers that crested in 2007, when a pan-European troika bought ABN AMRO, a Dutch lender. After the financial crisis of 2007-09, grand cross-border ambitions were ditched. Mr Orcel’s next job was to run the investment-banking arm of UBS, a Swiss champion.
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This article appeared in the Finance & economics section of the print edition under the headline “Orcel’s horizon”
Finance & economics October 5th 2024
- Xi Jinping’s belated stimulus has reset the mood in Chinese markets
- Why is Canada’s economy falling behind America’s?
- A tonne of public debt is never made public
- Can Andrea Orcel, Europe’s star banker, create a super-bank?
- The house-price supercycle is just getting going
- Why economic warfare nearly always misses its target
From the October 5th 2024 edition
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