Explainer: ECB's role in any UniCredit and Commerzbank …
WEB2 days ago · FRANKFURT, Sept 19 (Reuters) - UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to potentially raise this to 29.9%, sources told...
UniCredit’s Andrea Orcel swoops on Commerzbank - Financial …
WEBSep 11, 2024 · German union vows to fight UniCredit move on Commerzbank ‘tooth and nail’. Deutsche walked away from merger talks with Commerzbank in 2019 because of an overlapping client base among German...
Commerzbank - Wikipedia
WEBThe Commerzbank Aktiengesellschaft (shortly known as Commerzbank AG or Commerzbank) is a European banking institution headquartered in Frankfurt am Main, Hesse, Germany. It offers services to private and entrepreneurial customers as well as corporate clients. [ 1 ]
UniCredit Should Move Soon on Commerzbank, JPMorgan …
WEB2 days ago · UniCredit SpAshould act quickly if it wants to be successful in a potential acquisition of Commerzbank AG, according to analysts at JPMorgan Chase & Co.
Germany to Keep Commerzbank Shares After UniCredit Takes …
WEB1 day ago · The German government--the biggest shareholder in Commerzbank--said Friday that it won't offload any additional shares in the bank following the sale to UniCredit for 702 million euros ($783.5...
UniCredit seeks ECB approval for larger stake in Commerzbank
WEB4 days ago · UniCredit seeks the European Central Bank's approval to own up to 30% of a stake in Commerzbank, potentially triggering a full buyout deal of Germany's second-largest lender by assets.
UniCredit Takeover for Commerzbank Is Priced In by Bond …
WEBSep 13, 2024 · The Milan-based bank has already built a 9% stake in the German financial institution.
Commerzbank AG | German Banking, Financial Services, Investment Banking ...
WEB5 days ago · Commerzbank AG, major commercial bank in Germany with branches and associates in domestic and foreign finance and banking. Headquarters are in Frankfurt. The bank was established in 1870 as the Commerz- und Disconto-Bank in Hamburg.
Commerzbank Takeover Would Hand Orcel Biggest Bank in Germany
WEBSep 11, 2024 · UniCredit SpA’s potential takeover of its German rival Commerzbank AG would create the largest lender in the country, giving a significant boost to Chief Executive Officer Andrea Orcel’s goal...
Germany to retain Commerzbank shares as bank strives for …
WEB1 day ago · Germany has made it clear that it will hold onto its remaining shares in Commerzbank for the foreseeable future, affirming that the bank’s strategy remains focused on maintaining its...
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