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 ...
(Bloomberg) -- The German government said it wouldn’t be able to thwart an acquisition of Commerzbank AG by UniCredit SpA, highlighting the limited influence it has despite its fierce opposition to ...
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.
FRANKFURT, Nov 12 (Reuters) - Commerzbank (CBKG.DE), opens new tab is considering buying a mid-sized German bank as part of its strategy to fend off a possible takeover by Italy's UniCredit (CRDI.MI), ...
Commerzbank (OTCPK:CRZBF) Thursday said that it would cut 3,900 full-time equivalent positions by 2028, as it looks to stave off any takeover bid by Italy's UniCredit. The bank estimates restructuring ...
ROME (Reuters) -Germany does not expect Italy's UniCredit to launch a full bid for German rival Commerzbank at present, German Chancellor Friedrich Merz said on Saturday. UniCredit disclosed last year ...
Italian lender UniCredit's "very aggressive, very opaque" bid for Commerzbank has been criticized by Germany's Finance Minister Jörg Kukies, who stressed that hostile takeovers don't usually work. "In ...
Commerzbank has attracted the interest of Italy's UniCredit, which controls over a quarter of the German bank's shares - Copyright AFP Louai BESHARA Commerzbank has ...
Buying Germany is also far from straightforward for stock investors. The 40 companies on the benchmark DAX index earn just 20 ...
Germany's government continues to be opposed to a takeover of lender Commerzbank by Italy's UniCredit. "As has been emphasized several times--including publicly--the German government is committed to ...