The CEO of UniCredit renewed his push to merge the Italian bank with its German rival Commerzbank , attempting to make his ...

The chief of Italian bank UniCredit is continuing a push to tie up with Commerzbank, writing letters last month to German ...

In a bailout, Germany takes a stake of 25% plus one share in Commerzbank in return for an additional 10 billion euro ($11.13 billion) capital injection. 2011-2013 European debt crisis continues.

Germany's Commerzbank said on Friday that it posted a 20% increase in net profit in 2024, announcing earnings nearly two weeks ahead of schedule as it fends off interest in a tie-up from Italy's ...

Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring Commerzbank. By Melissa Eddy and Bernhard Warner Melissa Eddy ...

Germany’s government decided to keep its stake in Commerzbank CBK0.68%increase; green up pointing triangle until further notice, after a sale of a portion of its shares to Italy’s UniCredit ...

UniCredit SpA’s shock move on Commerzbank AG caught Germany’s government off guard and puts Chancellor Olaf Scholz in a bind.. Berlin had no advance warning that UniCredit would swoop when it ...

German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to fight off pressure for a tie-up ...

The battle for Germany’s Commerzbank CBK1.41%increase; green up pointing triangle heated up Monday, with German leader Olaf Scholz and his government rallying to the bank’s defense after ...

Commerzbank, UniCredit shares fall as Germany plans to keep 12% stake. By Tom Sims. September 23, 2024 10:15 AM UTC Updated September 23, 2024 A company logo is pictured at the ...

Germany's second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.

Commerzbank has, like some other banks, had a rocky history with big mergers and acquisitions over the years. It relocated to Frankfurt in 1970 as one of Germany's leading banks, focusing on ...