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UniCredit Posts 24% Rise in Third Quarter Earnings

Summary by RTÉ
UniCredit, Italy's second-biggest bank, posted a much larger-than-forecast 24% yearly rise in third-quarter earnings and hiked its full-year profit goal, as it prepares to take control of Germany's Commerzbank.

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UniCredit reported a much stronger-than-expected 24 percent annual profit growth in the third quarter. Italy's second-largest financial institution raised its earnings expectations for this year as a result of the outstanding performance, while it plans to take control of Germany's Commerzbank early next year.

·Budapest, Hungary
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Lean Left

Orcel: "Closed the best quarter of the sector" Next on Commerz: "Combining with Hvb would unlock value"

·Turin, Italy
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Lean Right

The large bank wants to join Commerzbank as soon as possible. The planned merger with Unicredit subsidiary Hypovereinsbank is also to come faster than planned.

·Düsseldorf, Germany
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BizToc broke the news on Monday, November 9, 2026.
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