Federal Reserve puts on enormous party hat’ Katie Martin A great moment in history has arrived. Rob Armstrong was ...
Government signals no plans for further share sales amidst UniCredit's surprising move, with Commerzbank focused on staying ...
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The ...
BERLIN, Sept 16 (Reuters) - A merger of UniCredit (CRDI.MI), opens new tab and Commerzbank (CBKG.DE), opens new tab could add value for all stakeholders and create a stronger bank, UniCredit CEO ...
Decided against unsolicited bid and won't consider it Could just sell Commerzbank stake at a profit Believes UniCredit's approach was welcome UniCredit CEO Andrea Orcel told Italian daily Il ...
The Italian lender, UniCredit, is reportedly preparing to file an application with the European Central Bank (ECB), seeking approval to increase its stake in Germany's Commerzbank AG to as much as ...
(Bloomberg) -- The German government has started an internal probe into its Commerzbank AG share sale after the transaction allowed UniCredit SpA to swoop in and take a major stake in the lender.
A merger of UniCredit and Commerzbank could add value for all stakeholders and create a stronger bank, UniCredit CEO Andrea Orcel told a German newspaper today, adding a decision was in the hands ...
Commerzbank AG Chief Executive Officer Manfred Knof said he’ll study any proposals coming from UniCredit AG after the Italian lender bought a stake and said it wants to play an active role in ...
The German Finance Ministry is sticking to a plan to sell off its entire stake in Commerzbank AG despite UniCredit SpA’s move to buy all the shares offered last week, according to people ...
FRANKFURT (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 Reuters ...
The recent sale of Commerzbank shares to UniCredit has failed on both counts, offering a textbook example of how not to create price tension in a capital markets offering. The €700mn disposal of ...