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UniCredit increased its shareholding in Commerzbank to 20%, giving the Italian lender a bigger stake in the German competitor ...
UniCredit SpA, the Italian lender that hopes to acquire Commerzbank AG, increased its equity stake in the German firm and became its largest shareholder after converting derivatives into stock.
Commerzbank AG plans to sell a significant risk transfer tied to a portfolio of corporate loans, according to people familiar ...
Commerzbank has decided to rent another Frankfurt skyscraper despite slashing thousands of jobs as the German bank battles to fend off a takeover bid from Italian giant UniCredit. Commerzbank ...
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Orcel Escalates Commerzbank Fight With Surprise Stake Boost - MSNCommerzbank shares fell 2.7% at 4:29 p.m. in Frankfurt, while UniCredit declined 2.6% in Milan. ... a representative of the trade union ver.di who sits on Commerzbank’s supervisory board.
Commerzbank, which last week announced job cuts in Germany as it fends off a takeover approach from Italy's UniCredit, has signed a 15-year rental contract for a new high-rise office in Frankfurt. The ...
FRANKFURT (Reuters) -Germany's Commerzbank said on Thursday that net profit rose a better-than-expected 12% in the fourth quarter, helped by higher interest rates and capping a second consecutive ...
Commerzbank will not extend the right to name soccer team Eintracht Frankfurt's home stadium after the end of June 2020 when it expires after 15 years, it said in a press release on Wednesday.
FRANKFURT--The fallout from the collapse of an Austrian bank is rippling across Europe, with a succession of banks warning that they face potentially large losses. Commerzbank AG said Wednesday ...
Commerzbank plans to slash its workforce by 10,000 and close 340 branches by 2024 as part of a strategic overhaul. The bank has roughly 48,500 employees around the world. But it indicated in a ...
Commerzbank lifted its full-year guidance for some key metrics and said its strategy is paying off, as UniCredit continued to signal interest in a tie-up with the German lender.
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