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On Monday, UniCredit shareholders voted to approve the issuance of 470 million new shares which could be exchanged for Commerzbank shares tendered in the offer. Orcel's interview with CNBC came after UniCredit published its first-quarter earnings, which were touted as the bank's 21st quarter of profitable growth and its best quarter on record.

The last UK general election of the 20th century was also the first to anticipate, albeit faintly, the coming technological revolution. The 1997 Labour and Conservative manifestos both included pledges to.