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UniCredit open to add Germans on board for Commerzbank deal
UniCredit is considering an offer to expand the number of German members on its board to facilitate the acquisition of ...
FRANKFURT (Reuters) -Germany's Commerzbank said on Friday that it posted a 20% increase in net profit in 2024, announcing earnings nearly two weeks ahead of schedule as it fends off interest in a ...
According to the Financial Times, Unicredit could offer a third of its board seats to convince Berlin to take on Commerz; ...
UniCredit Chief Executive Andrea Orcel signalled that the Italian lender might contemplate unloading its large holding in Germany’s Commerzbank to a non-EU buyer if the price is right and shareholders ...
FRANKFURT (Reuters) -Commerzbank will hold a first round of talks with UniCredit on Friday as the Italian lender presses for a possible tie-up. Commerzbank has, like some other banks, had a rocky ...
Only last month, the unadjusted number of unemployed in Germany passed 3 million for the first time in a decade. It dipped back below that level in September, as is usual at this time of year. The ...
(Bloomberg) -- UniCredit SpA spoke with German officials about building a stake in Commerzbank AG before Berlin began selling its shares in the firm earlier this month, adding to the confusion around ...
BERLIN (Reuters) -UniCredit CEO Andrea Orcel said the Italian lender may consider the sale of its stake in Germany's Commerzbank to a bank outside the European Union if it received a good offer that ...
Feb 14 (Reuters) - Germany, in an unexpected move, will not take part in Commerzbank's CBKG.DE share buy-back programme and as a result increase its stake in the lender to 16.5%, business daily ...
Germany's second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.
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