Shares of banks and other financial institutions rose as traders bet the sector would benefit from a resurgence of deal activity. Italian lender UniCredit said it converted part of its position in ...

Malaysia's central bank has finally joined its rate-cutting peers, lowering its benchmark interest rate for the first time in five years to support the economy. The Italian lender now owns around 20% ...

Apple COO Jeff Williams to Step Down; Design Team Will Report to CEO Tim Cook Apple's chief operating officer plans to hand the role off this month and retire later this year after roughly a decade as ...

European shares hit a four-week high as optimism grows over potential US-EU trade talks. Banks led gains, notably UniCredit ...

By Sanchayaita Roy and Sukriti Gupta (Reuters) -European shares closed at a four-week high on Wednesday, with banks the ...

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UniCredit met renewed German opposition on Wednesday to its takeover ambitions for Commerzbank after it doubled its voting ...

German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its ...

A German finance ministry spokesperson said on Wednesday that the government remains opposed to a possible takeover bid by ...

Orcel's other M&A moves include a doubling of UniCredit's stake in Greece's Alpha Bank in May. He also built a stake in ...

The Italian lender now owns around 20% of Commerzbank’s shares and is the largest shareholder of the bank it hopes to ...