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UniCredit increased its shareholding in Commerzbank to 20%, giving the Italian lender a bigger stake in the German competitor ...
UniCredit SpA, the Italian lender that hopes to acquire Commerzbank AG, increased its equity stake in the German firm and became its largest shareholder after converting derivatives into stock.
Commerzbank AG plans to sell a significant risk transfer tied to a portfolio of corporate loans, according to people familiar ...
Commerzbank has decided to rent another Frankfurt skyscraper despite slashing thousands of jobs as the German bank battles to fend off a takeover bid from Italian giant UniCredit. Commerzbank ...
Commerzbank, which last week announced job cuts in Germany as it fends off a takeover approach from Italy's UniCredit, has signed a 15-year rental contract for a new high-rise office in Frankfurt. The ...
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Orcel Escalates Commerzbank Fight With Surprise Stake Boost - MSNCommerzbank shares fell 2.7% at 4:29 p.m. in Frankfurt, while UniCredit declined 2.6% in Milan. ... a representative of the trade union ver.di who sits on Commerzbank’s supervisory board.
FRANKFURT (Reuters) -Commerzbank, fending off a possible takeover by Italy's UniCredit, said on Friday that net profit rose nearly 12% in the first quarter, beating expectations despite strong ...
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 ...
Work began on upgrading Eintracht Frankfurt's famous Waldstadion in 2002 and lasted three years. The result is the stunning, light and airy Commerzbank Arena which features a transparent, retractable ...
Commerzbank lifted its full-year guidance for some key metrics and said its strategy is paying off, as UniCredit continued to signal interest in a tie-up with the German lender.
Commerzbank CBK-0.64%decrease; red down pointing triangle plans to cut thousands of jobs in a bid to boost profitability and shareholder returns as it fends off an unwanted approach from Italy’s ...
Commerzbank will not extend the right to name soccer team Eintracht Frankfurt's home stadium after the end of June 2020 when it expires after 15 years, it said in a press release on Wednesday.
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