UniCredit Chief Executive Andrea Orcel has succeeded in uniting Germany's political establishment in opposition to his ...
By Tom Sims and John O'Donnell FRANKFURT (Reuters) -Commerzbank supervisory board members on Tuesday voiced fierce opposition ...
UniCredit stunned markets by buying a 9% stake in Germany's second-largest lender. As Commerzbank's management now tries to ...
Venture investors both cheered the Federal Reserve's half-percentage-point interest rate cut last week and acknowledged its effects would take time to ripple through the startup ecosystem. But once ...
The People's Bank of China said Tuesday that it would cut its benchmark interest rate and lower the amount of cash that banks need to hold in reserve-a bid to free up more resources for lending. It ...
Commerzbank's deputy chair voiced opposition on Tuesday to a takeover of the German bank by Italy's UniCredit CRDI.MI.
Stefan Wittmann, who is also a senior official at German trade union Verdi, told CNBC’s Annette Weisbach that “we certainly ...
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
European stocks are expected to open in mixed territory Tuesday as economic uncertainty and concerns over Europe’s growth ...
The UniCredit-Commerzbank takeover saga not only highlights the clash between cross-border consolidation and national ...
The German government would oppose a takeover of Commerzbank, a finance ministry source said Monday, after Italy's UniCredit unexpectedly announced it had raised its stake in the German lender to ...
Italy's UniCredit defied Germany's defence of Commerzbank by using derivative contracts on Monday to raise its potential ...