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.