Federal Reserve puts on enormous party hat’ Katie Martin A great moment in history has arrived. Rob Armstrong was ...
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The ...
Shares of Commerzbank, Germany's second-largest bank, surged 17% following news that the Italian lender UniCredit had acquired a 9% stake in the bank on Wednesday. The acquisition price was €13. ...
BERLIN, Sept 16 (Reuters) - A merger of UniCredit (CRDI.MI), opens new tab and Commerzbank (CBKG.DE), opens new tab could add value for all stakeholders and create a stronger bank, UniCredit CEO ...
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 ...
The Italian lender, UniCredit, is reportedly preparing to file an application with the European Central Bank (ECB), seeking approval to increase its stake in Germany's Commerzbank AG to as much 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 ...
A possible Commerzbank AG takeover by UniCredit SpA may be the trigger for more M&A in European banking, which would boost stock valuations for lenders seen as takeover targets, according to ...
UniCredit CEO Approaches Commerzbank About Merger After Share Swoop, Source Says By John O'Donnell, Valentina Za and Tom Sims FRANKFURT/MILAN (Reuters) -UniCredit's CEO approached Commerzbank ...
Commerzbank AG (DE:CBK) shares rallied yesterday after its Italian counterpart UniCredit S.p.A (IT:UCG) acquired a 9% stake in the German lender. This includes a 4.5% stake bought from the open ...