Government signals no plans for further share sales amidst UniCredit's surprising move, with Commerzbank focused on staying ...
The German government--the biggest shareholder in Commerzbank--said Friday that it won't offload any additional shares in the bank following the sale to UniCredit for 702 million euros ($783.5 million ...
Germany will not sell any more shares in Commerzbank for the time being and the bank's strategy is "geared towards ...
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
UniCredit’s raid to buy 9% of Commerzbank gives Deutsche three choices — all unattractive. But one is clearly less bad than ...
Andrea Orcel, UniCredit's CEO, aims to break European political resistance to cross-border mergers through a bold stake in Commerzbank. Orcel's efforts may face obstacles from national politics and ...
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
Analysts have welcomed the move by UniCredit, particularly because a tie-up between the two banks might spur more M&A ...
UniCredit elbowed its way onto the negotiating table for a takeover of Commerzbank last week, buying a 4.5% stake in the ...
UniCredit CEO Andrea Orcel openly acknowledged Monday that he was in favour of a merger with Commerzbank, days after the Italian lender unexpectedly acquired a nine-percent stake in Germany's ...
Banca Generali said it made an offer valued at more than 98 million euros ($108.8 million) for Intermonte Partners Sim, and intends to take the Milan-based broker private. The Italian private bank ...
Germany muscled its way through the COVID-19 pandemic and managed to avoid a devastating industrial shutdown after Russia cut off its gas supplies. Still, it never fully allayed concerns that ...