One man is missing after being washed away in Czechia where another dam burst and three people in a car were swept into a river. The deluges were sparked by the torrential rains of Storm Boris.
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
Germany will not sell any more shares in Commerzbank for the time being and the bank's strategy is "geared towards ...
In response, Deutsche Bank's executive team is devising a defence strategy, which may include acquiring the remaining 12% of Commerzbank still owned by the German government. Deutsche Bank had ...
UniCredit SpA has demonstrated at its existing German unit that it can cut costs in the country, which bodes well for its potential plans for Commerzbank AG, analysts at KBW wrote in a note.
(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 ...
It also may find itself strategically outmanoeuvred, with its grip over Commerzbank’s future potentially weakened.
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 ...
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 ...
If UniCredit is close to acquiring Commerzbank, it’s not just the result of a quick ... it is not just the result of last ...