News

German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its ...
Italian lender UniCredit has increased its equity stake in Commerzbank to 20% by converting derivatives into stock. The move ...
UniCredit met renewed German opposition on Wednesday to its takeover ambitions for Commerzbank after it doubled its voting ...
UniCredit SpA, the Italian lender that hopes to acquire Commerzbank AG, doubled its equity stake in the German rival to about ...
UniCredit on Tuesday said it had increased its equity stake in Commerzbank to about 20 per cent, as the Italian bank doubles ...
A German finance ministry spokesperson said on Wednesday that the government remains opposed to a possible takeover bid by ...
On the other hand, eight meeting participants expected two cuts and two expected three cuts." "Hence, the discussions in the ...
Commerzbank AG plans to sell a significant risk transfer tied to a portfolio of corporate loans, according to people familiar ...
UniCredit CEO Andrea Orcel and German Finance Minister Lars Klingbeil exchanged letters over the future of Commerzbank AG, ...
Interest rate differentials were a key factor in preventing the dollar from gaining against the euro, Commerzbank said, adding that if the Fed’s June meeting show a stronger tendency towards rate cuts ...
Commerzbank plans to slash its workforce by 10,000 and close 340 branches by 2024 as part of a strategic overhaul. The bank has roughly 48,500 employees around the world. But it indicated in a ...
The Italian lender now owns around 20% of Commerzbank’s shares and is the largest shareholder of the bank it hopes to ...