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UniCredit met renewed German opposition on Wednesday to its takeover ambitions for Commerzbank after it doubled its voting ...
UniCredit increased its shareholding in Commerzbank to 20%, giving the Italian lender a bigger stake in the German competitor ...
Germany called on UniCredit SpA Chief Executive Officer Andrea Orcel to abandon his pursuit of Commerzbank AG, after the Italian bank doubled its equity stake by converting derivatives into shares.
The German government on Thursday called on UniCredit chief Andrea Orcel to drop the Italian lender's bid to take over German ...
Germany’s government decided to keep its stake in Commerzbank CBK0.68%increase; green up pointing triangle until further notice, after a sale of a portion of its shares to Italy’s UniCredit ...
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 ...
Commerzbank shares were up 1.5% at 11.52 euros at 1348 GMT, against a 0.39% decline in Germany's benchmark index , opens new tab and making it the top gainer among European banking stocks , opens ...
In a bailout, Germany takes a stake of 25% plus one share in Commerzbank in return for an additional 10 billion euro ($11.13 billion) capital injection. 2011-2013 European debt crisis continues.
Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring Commerzbank. By Melissa Eddy and Bernhard Warner Melissa Eddy ...
Commerzbank AG has obtained a crypto custody license in Germany, the company announced Wednesday.. The license will let the Frankfurt-headquartered global bank offer a broad range of digital asset ...
Commerzbank AG on Thursday named a new finance chief, a move that comes as Germany’s second largest bank is revamping its strategy in response to challenging market conditions. The Frankfurt ...
Commerzbank has, like some other banks, had a rocky history with big mergers and acquisitions over the years. It relocated to Frankfurt in 1970 as one of Germany's leading banks, focusing on ...