Arnaud Journois, senior vice president of European Financial Institution Ratings at Morningstar DBRS, says there is "double ...
Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, warning that two-thirds of the jobs at the German lender could be cut in a ...
The German government’s decision to offload about a quarter of its holding in Commerzbank AG is driving another wedge into ...
(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.
Commerzbank hastily convened a board meeting after UniCredit ... Bloomberg News reports 5:50 PM UTC · Updated ago Dealscategory White House officials signal delay in U.S. Steel takeover decision, ...
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 ...
(Reuters) - UniCredit's purchase of a 9% stake in Commerzbank has raised the prospect of a merger which has long been considered a natural option for the Italian lender, which entered the German ...
Nippon Steel’s vice-chair will meet senior US officials in Washington on Wednesday in a last-ditch effort to salvage the ...
UniCredit SpA has demonstrated at its existing German unit that it can cut costs in the country, which bodes well for its potential plans for Commerzbank AG, analysts at KBW wrote in a note.
FRANKFURT (Reuters) - UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to potentially raise this to 29.9%, sources told Reuters ...
UniCredit CEO Andrea Orcel said that the bank remains flexible with regard to the next steps on its stake in Commerzbank, ...
The German government’s decision to offload about a quarter of its holding in Commerzbank AG is driving another wedge into ...