In a report released today, Kian Abouhossein from J.P. Morgan maintained a Buy rating on Commerzbank (0RLW – Research Report), with a price target of €17.20. The company’s shares closed ...
Commerzbank will provide custody services and the Deutsche Boerse subsidiary will enable trading of digital assets for German corporate clients. The service will focus on the trading of bitcoin ...
Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when the German bank’s supervisory board meets next week, two people with knowledge of the matter said, as the ...
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 ...
Commerzbank (0RLW – Research Report) received a Hold rating and a €16.00 price target from Barclays analyst Krishnendra Dubey today. The company’s shares closed yesterday at €15.53 ...
ROME, Sept 18 (Reuters) - Italy's government sees favourably UniCredit's efforts to build a large European banking group through a merger with Germany's Commerzbank (CBKG.DE), opens new tab 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 ...
MILAN (Reuters) -UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO said in a newspaper interview, ruling out any "aggressive" ...
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 ...
MILAN (Reuters) - UniCredit will seek ECB clearance to potentially buy up to 30% of Commerzbank, three people close to the matter said, in order to have the "flexibility" the Italian bank's CEO ...