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UniCredit has no plans to heed the advice of the German government to drop its ambitions to take over Commerzbank , the ...
German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its ...
The Italian lender now owns around 20% of Commerzbank’s shares and is the largest shareholder of the bank it hopes to ...
Commerzbank's stock price has surged to its 2011 highs. The surge happened after Unicredit increased its stock. Unicredit has ...
Commerzbank's restructuring efforts are paying off, however. The bank has dramatically improved its cost base after a swath of branch closures.
Commerzbank has announced cost-cutting measures to stave off any takeover bid by Italy's UniCredit that the German lender says would lead to much more drastic job cuts.
Commerzbank AG Chief Executive Officer Bettina Orlopp said Europe needs bigger banks, but deals to create them will only make sense if regulatory barriers between countries are broken down first.
Commerzbank bank boosts guidance amid UniCredit advances A woman wearing a hijab walks on a bridge in front of the banking district skyline with the Commerzbank building (3R) and the Cathedral (R) ...
The ECB has indicated its support for UniCredit’s potential full takeover of Commerzbank, as cross-border banking mergers align with the single market’s unity strategy, enhancing the ...
European banking’s latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc’s incomplete banking union.